Market Overview for Notcoin/Tether on 2025-12-10

Summary
• Price action showed bearish dominance with a key 0.000616 support holding.
• Volume surged during the final 5 hours, signaling potential accumulation.
• RSI and MACD signaled overbought levels, suggesting a possible pullback.
• Bollinger Band contraction indicated low volatility, followed by a sharp expansion.
• Fibonacci retracements suggested 0.000640 as a near-term resistance target.

Market Summary

The pair NOTUSDT opened at 0.000642 at 12:00 ET-1 and closed at 0.000622 at 12:00 ET, reaching a high of 0.000649 and a low of 0.0006. The total volume over the 24-hour period was 1.214 billion, with a notional turnover of 773.5 million.

Structure & Formations

Price action formed a bearish engulfing pattern as it closed below the prior 5-minute candle’s low. A doji appeared at 0.000616, signaling indecision around this level, which may now act as short-term support. On the daily chart, the price is consolidating between key Fibonacci levels, with 0.000640 as a potential resistance target and 0.000605 as a probable support.

Technical Indicators

The 5-minute MACD crossed into overbought territory late in the session, with a bearish divergence forming near 0.000627. The RSI also reached overbought levels but failed to break above 70, suggesting limited upside potential. Bollinger Bands contracted early and expanded dramatically in the final hours, signaling increasing volatility.

Volume & Turnover

Volume spiked in the final 5 hours, reaching a peak of 85.3 million in the 16:15–16:30 ET timeframe. Turnover aligned closely with volume, suggesting active accumulation and distribution. A divergence between the final 5-minute candle’s volume and price close may indicate distribution at current levels.

Forward Outlook

With key support at 0.000616 intact and volume signaling activity, NOTUSDT could retest 0.000625–0.000630 in the next 24 hours. However, traders should monitor the 50-period EMA on the 5-minute chart, which currently sits at 0.000621, as a possible trigger for a short-term reversal. Risk remains on the downside if 0.000605 breaks with confirmation.