Market Overview for Notcoin/Tether (NOTUSDT)

Summary
• Price declined by -7.2% on 24-hour NOTUSDT data, failing to reclaim key resistance at $0.000528.
• Volume spiked sharply after 01:15 ET as price dropped below $0.000510, with turnover surging to $69811.
• RSI entered oversold territory below 30, suggesting potential for near-term rebound but not reversal.
• A bearish engulfing pattern formed at $0.000518, signaling possible continuation of downward momentum.
• Bollinger Band contraction before 01:00 ET preceded a sharp expansion and breakdown to the downside.

At 12:00 ET on 2025-12-30, NOTUSDT opened at $0.000524, reached a high of $0.000531, and closed at $0.000506, with a low of $0.000505. Total 24-hour volume was approximately 136,572,050, and turnover amounted to roughly $69,811.

Market structure showed a bearish bias throughout the session, with price failing to hold above $0.000528, a key resistance level that appeared to be rejected repeatedly. A significant bearish reversal was observed around 01:15 ET, when price dropped below $0.000510 on surging volume. The 5-minute RSI dipped into oversold territory, suggesting a potential short-term bounce, but without a clear breakout above key resistance, bearish momentum may continue.

Bollinger Bands showed a clear contraction before the sharp decline, indicating a period of consolidation that was followed by a sharp expansion, confirming a move to the downside. Volume and turnover diverged toward the end of the session, with volume rising alongside falling prices—this is a bearish confirmation pattern.

Candlestick formations included a bearish engulfing pattern at $0.000518, reinforcing the potential for further downward movement. Fibonacci retracement levels from the most recent 5-minute swing suggest that the next support could be near $0.000503, with a possible bounce if price holds there.

Looking ahead, NOTUSDT appears to be vulnerable to further declines in the next 24 hours if it does not retest and hold above $0.000510. Investors should remain cautious and watch for volume confirmation of any short-term bounces.