Summary
• Price surged to 0.000626 before consolidating near 0.000605–0.000607.
• Strong volume spikes seen during late ET rally, suggesting renewed bullish interest.
• RSI and MACD suggest mixed momentum, with no clear overbought or oversold signals.
• Bollinger Band contraction observed mid-session, signaling potential for a breakout.
• Fibonacci retracement levels at 0.000606 and 0.000614 appear to act as key support/resistance.
The 24-hour trading session for Notcoin/Tether (NOTUSDT) began at 0.000599 and reached a high of 0.000626 before settling at 0.000606 at 12:00 ET. Total volume amounted to 243,207,288.0, with notional turnover approximating $147,642.36. The price action reflects a volatile session with strong intraday momentum.
Structure & Formations
Price formed a bullish engulfing pattern at 17:30 ET, followed by a bearish harami in the early morning hours. The 0.000605–0.000607 range acted as a pivot zone during consolidation. A key support level at 0.000598 appears intact, with resistance at 0.000614 showing initial resistance.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages crossed bullish during the afternoon rally. On the daily chart, price remains above the 50 and 100-day moving averages but is approaching the 200-day line, indicating potential resistance ahead.
MACD & RSI
The MACD line crossed above the signal line mid-session, reinforcing bullish momentum during the rally. The RSI peaked at around 58, avoiding overbought territory. Late in the session, RSI dipped toward 54, indicating a balance between buyers and sellers.
Bollinger Bands
Bollinger Bands constricted between 22:00 and 02:00 ET, signaling a period of low volatility and setting up potential for a breakout. Price has since tested the upper band during the late ET rally, with mixed follow-through.
Volume & Turnover
Volume surged to 223,544,549.0 during the 06:45–07:00 ET rally, accompanied by a price high at 0.000606. Turnover spiked alongside volume, showing strong participation. No notable divergence between price and volume was observed, suggesting aligned buyer and seller behavior.
Fibonacci Retracements
Applying Fibonacci retracements to the recent 0.000582–0.000626 swing, the 61.8% level at 0.000611 has held as support. The 38.2% level at 0.000606 is now key for short-term direction, with a break above suggesting a retest of 0.000614.
Looking ahead, the next 24 hours may see a directional breakout from the 0.000605–0.000607 range, depending on order flow and macro sentiment. Investors should watch for a potential rejection below 0.000605 as a cautionary signal, with increased volatility likely.
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