Market Overview for Notcoin/Tether (NOTUSDT) on 2025-10-07

• Price declined 7.5% in 24h, closing at 0.001559 from 0.001653
• RSI signaled oversold conditions by 15:30 ET, but bears resumed control
• Volatility spiked at 15:15 ET as price dropped to 0.001556 amid surging volume
• NOTUSDT tested and broke key Fibonacci level at 0.001568, 0.001551 next target
• Turnover surged 200% in 15:15–16:00 ET range as bears accelerated selling

24-Hour Price and Volume Summary

Notcoin/Tether (NOTUSDT) opened at 0.001653 on 2025-10-06 12:00 ET, reached a high of 0.00166, touched a low of 0.001547, and closed at 0.001559 by 12:00 ET on 2025-10-07. The pair posted a 7.5% decline over the past 24 hours. The total 15-minute chart volume amounted to 1.33B USDT in notional turnover.

Structure & Formations

The 24-hour chart shows a bearish breakdown from the 0.001625–0.001635 resistance cluster, with a confirmed move below the 0.001568 Fibonacci 38.2% level. A long lower shadow at 15:45 ET and a bearish engulfing pattern at 16:00 ET suggest ongoing bear pressure. Key support now rests at 0.001547–0.001551, with a potential short-term rebound target at 0.001575.

Moving Averages

On the 15-minute chart, the 20-period MA is bearishly positioned below the 50-period MA, reflecting a continuation of short-term bear momentum. On a daily timeframe, the 50-period MA has crossed below the 200-period MA, signaling a bearish medium-term trend. Price has spent most of the 24-hour window below both the 50 and 200 MA.

MACD & RSI

MACD showed a bearish crossover on 15:15 ET as the pair dropped to 0.001556, with the histogram contracting in the negative territory. RSI reached 30 by 16:00 ET, indicating oversold conditions, but buyers failed to respond, allowing sellers to push price further. The combination of low RSI and falling MACD suggests bearish continuation, barring a sharp reversal.

Bollinger Bands

Volatility increased notably during the 15:15–16:00 ET window, with the bands expanding from a narrow contraction earlier in the session. Price closed the 24-hour window near the lower band at 0.001559, suggesting extreme bear pressure. If the pair continues below the middle band, it may test the lower 0.001547–0.001551 range.

Volume & Turnover

Volume surged to 196M USDT at 15:15 ET as the price dropped to 0.001556, with a further 68M USDT turnover at 15:45 ET. The volume profile shows divergence from price action in the late 14:30–15:15 ET range, where price fell but volume declined. This suggests weakening bear momentum, though the 15:15–16:00 ET volume confirms a strong bear continuation.

Fibonacci Retracements

Price has broken the 38.2% Fibonacci level at 0.001568 and is now testing the 61.8% level at 0.001551. A break below 0.001551 would extend the Fibonacci sequence to 0.001535, signaling a potential 7.8% drop from the prior 24-hour high. On the 15-minute chart, key retracement levels of 0.001575 and 0.001585 could serve as short-term resistance if bears stall.

Backtest Hypothesis

Given the confirmed bearish Fibonacci breakdown and the oversold RSI reading, a potential backtesting strategy could involve shorting NOTUSDT on a close below the 0.001568 level with a stop-loss above 0.001585. Targets could include the 61.8% Fibonacci level at 0.001551 and then 0.001547–0.001535. The MACD bearish crossover and the bearish 20/50 MA configuration would act as confirmation signals, while divergences in volume and RSI could signal weakening bear momentum and potential reversals.