Market Overview for Notcoin/Tether (NOTUSDT)

• NOTUSDT rallied to a high of $0.00195 before consolidating near $0.00194, driven by strong volume in the last 6 hours.
• Price broke above key resistance at $0.001935–$0.00194, with a bullish engulfing pattern forming near $0.00193–$0.00194.
• RSI approached overbought territory, while MACD showed a positive crossover, signaling potential momentum continuation.
• Volatility expanded with price reaching the upper Bollinger Band multiple times, suggesting increased risk of a pullback or continuation.

Notcoin/Tether (NOTUSDT) opened at $0.001856 on 2025-09-17 12:00 ET and closed at $0.001947 by 2025-09-18 12:00 ET, climbing to a high of $0.00195 and falling to a low of $0.00184. Total volume traded over the 24-hour period was 826,488,081.0 USDT, translating to a notional turnover of approximately $1,570,160 (at $0.001947). The price action reflects a sharp breakout and accumulation above key support levels, with strong buying pressure in the last hours of the window.

Structure & Formations

NOTUSDT displayed a strong bullish trend from $0.00185 up to $0.00195. Key support levels were identified at $0.00189 and $0.00185, with the former acting as a psychological and Fibonacci retracement level (61.8% of the previous leg down). Resistance has shifted to $0.001935 and above, with a confirmed breakout at $0.00194. A bullish engulfing pattern formed around $0.00193–$0.00194, suggesting continued buying pressure. A doji near $0.00192 may indicate a short-term pause in momentum, but overall the structure remains bullish.

Moving Averages

On the 15-minute chart, NOTUSDT has decisively moved above both the 20-period (around $0.001925) and 50-period (around $0.001915) moving averages, reinforcing the upward bias. On the daily chart, it appears to be forming a crossover above the 50- and 100-period MAs, with the 200-day MA likely acting as a strong long-term support at $0.00188. This suggests a shift from a consolidation phase to a trending move.

MACD & RSI

The MACD turned positive late in the session, with the fast line crossing above the slow line, and the histogram showing expansion as price accelerated. RSI has climbed into overbought territory above 65, which may signal a short-term pause or even a consolidation. However, the strong volume and price action suggest that the bullish momentum could persist for a while longer. Watch for RSI divergence as a sign of weakening buying pressure.

Bollinger Bands

Price has touched and briefly exceeded the upper Bollinger Band multiple times in the final hours of the window, particularly after the breakout from $0.001935 to $0.00195. This indicates increased volatility and suggests that the market is testing the new price range. The lower band has held well above $0.00189, indicating that volatility is directional and not a sideways expansion.

Volume & Turnover

Volume has surged in the last six hours of the 24-hour window, particularly after 15:00 ET, with hourly volumes surpassing 25 million USDT. This aligns with the price breakout and suggests strong accumulation. Notional turnover has confirmed this, with the last three hours showing the highest turnover of the day. No divergence between price and volume was observed, which supports the likelihood of the trend continuing in the near term.

Fibonacci Retracements

A Fibonacci retracement drawn from the $0.00195 high to the $0.00185 low places key levels at 61.8% ($0.00189) and 38.2% ($0.00191). The 61.8% level held well as support, with price rebounding and continuing upward. On the 15-minute chart, a minor swing high at $0.001934 and low at $0.001916 created retracement levels of 61.8% at $0.001924 and 38.2% at $0.001929, both of which have been tested and confirmed by the price action.

Backtest Hypothesis

A backtest strategy could involve a long entry at the breakout of the upper Bollinger Band or upon a close above the 50-period MA on the 15-minute chart, with a stop-loss placed below the nearest Fibonacci support (61.8% at $0.00189). A target can be set at the next Fibonacci extension level or 1.618 of the recent bullish leg. This approach would align with the observed momentum and structure, capitalizing on trend continuation while managing risk with defined levels.