Market Overview for Notcoin/Tether (NOTUSDT)

Summary
• NOTUSDT formed bullish consolidation patterns near 0.000645–0.000647 with strong volume confirmation.
• Price surged above 20-period MA on 5-minute chart, signaling short-term strength.
• Bollinger Bands show tightening volatility before recent breakout above mid-band.
• RSI reached overbought territory near 70, suggesting potential near-term profit-taking.
• Turnover spiked sharply after 15:00 ET, aligning with price break above key resistance.

Market Overview

At 12:00 ET–1 on 2026-01-17, NOTUSDT opened at 0.000627, reached a high of 0.000656, touched a low of 0.000624, and closed at 0.000645 by 12:00 ET. Total 24-hour volume stood at 1.12 billion NOT, with a notional turnover of $718,559.

Structure and Momentum

The 24-hour chart for NOTUSDT displayed a well-defined bullish structure, consolidating within a tight range of 0.000637 to 0.000645 before breaking out decisively at 15:00 ET. Key resistance levels at 0.000645 and 0.000647 were decisively cleared, supported by volume surges of over 42 million NOT. The 5-minute chart showed a bullish engulfing pattern forming at the breakout, suggesting continued momentum ahead.

Moving Averages and Bollinger Bands

On the 5-minute chart, the 20-period moving average crossed above the 50-period line in the final hours of the 24-hour window, signaling a short-term bullish bias. The 200-period daily MA sits near 0.000638, offering a potential floor if the recent gains falter. Bollinger Bands showed a clear contraction prior to the breakout, followed by a strong expansion as price surged past the upper band. This indicates rising volatility and potential continuation of the current trend.

RSI and MACD

Relative Strength Index (RSI) reached 70 in the final 90 minutes of the 24-hour period, entering overbought territory and suggesting possible pullbacks. MACD crossed into positive territory with a strong signal line, confirming the bullish move and indicating growing short-term momentum. However, the overbought RSI suggests caution for immediate follow-through buying.

Volume and Turnover

Volume and turnover surged sharply after 15:00 ET, with over 99 million NOT traded in the 15-minute candle ending at 15:15 ET. This spike confirmed the breakout above 0.000649. There was strong alignment between price and turnover, showing no divergence. However, the sharp increase in trading activity may indicate some exhaustion ahead, particularly if buyers struggle to hold key levels above 0.000647.

Fibonacci Retracements

Key Fibonacci levels from the recent swing low at 0.000624 to the swing high at 0.000656 show the current price at around 61.8% retracement. This level is a critical support-turned-resistance, and a break above it may invite further buying interest. If the price fails to hold above 0.000645, it could test the 38.2% retracement at 0.000635.

The recent breakout above key resistance levels and confirmation by volume and momentum indicators suggest continued upward potential over the next 24 hours. However, a pullback into overbought RSI levels or a failure to maintain above 0.000645 could trigger a short-term correction. Investors should closely monitor volume behavior at the next resistance cluster near 0.000651–0.000653.