Market Overview for Notcoin/Tether (NOTUSDT)

Summary
• Price traded within a tight range of $0.000525–$0.000544 with no clear breakout.
• Late-day volume spiked above $45M as price surged to $0.000544, but failed to hold.
• RSI remained neutral around 50, indicating no strong overbought or oversold conditions.
• NOTUSDT remained above 20-period MA on 5-min chart, suggesting short-term bullish bias.
• Bollinger Bands showed moderate volatility with price hovering near the midline.

The 24-hour trading session for Notcoin/Tether (NOTUSDT) opened at $0.000533 and closed at $0.000542 by 12:00 ET, reaching a high of $0.000544 and a low of $0.000525. Total volume amounted to 425,018,838.0 with a notional turnover of approximately $224.9M.

Structure & Moving Averages

Price remained within a consolidation pattern between $0.000525 and $0.000544 over the last 24 hours. The 20-period and 50-period moving averages on the 5-minute chart both supported a bullish bias in the latter half of the session, as price tested and held above the 20-period line. No clear daily trend was evident, though minor bullish momentum could be observed in the final hours.

MACD & RSI

The MACD remained near the zero line throughout the session, suggesting a lack of clear momentum. The RSI hovered between 40 and 60, indicating balanced buying and selling pressure. No overbought or oversold conditions were recorded, though a slight upward bias was visible in the last 4 hours of trading.

Bollinger Bands and Volatility

Volatility remained moderate as evidenced by the Bollinger Bands. Price spent most of the session near the midline, with only minor deviations observed near the daily high and low. A brief expansion occurred in the evening, coinciding with a volume spike, but no breakout above the upper band was confirmed.

Volume and Turnover

Trading volume peaked near $45M in the early evening as price surged to $0.000544. The increase was accompanied by a sharp rise in turnover, suggesting active participation. However, the failure to hold the $0.000544 level pointed to a lack of follow-through, with volume declining afterward.

Fibonacci Retracements

Fibonacci levels derived from the last 5-minute swing showed the price hitting a 61.8% retracement at $0.000544 before retreating, indicating a potential resistance zone. On a larger daily scale, the $0.000532 level acted as a key support, with price bouncing off it multiple times.

The price may attempt another test of the $0.000544 level in the coming 24 hours, but without a significant increase in volume or a clear break above the Bollinger upper band, a continuation of consolidation is likely. Investors should watch for divergences between price and RSI as potential early signals of a trend change.