Market Overview for Notcoin/Tether (NOTUSDT) – November 8, 2025

Summary
• Price rose 7.6% over the 24-hour period, forming bullish candlestick patterns.
• RSI crossed into overbought territory, while MACD showed positive divergence.
• Volume surged during key breakouts, confirming strength in the rally.

NOTUSDT opened at $0.000732 on November 7, peaked at $0.000867, and closed at $0.000798 on November 8 at 12:00 ET. The total volume for the 24-hour window was 1.66 billion, with a turnover of approximately $132.2 million.

Structure & Formations

The price of NOTUSDT showed a strong bullish breakout from a consolidation pattern starting around $0.000833, marked by a series of bullish engulfing patterns. A key resistance level was established at $0.000867, where price briefly peaked before retracing. A strong support was identified at $0.000794, which held through a bearish test in early morning hours. A potential double-bottom structure emerged around $0.000794, with a measured move target of $0.000830 ahead.

Moving Averages

On the 15-minute chart, the price was above both the 20-period (0.000806) and 50-period (0.000811) moving averages, indicating a short-term bullish bias. On the daily chart, price is well above the 50 (0.000782), 100 (0.000771), and 200 (0.000768) SMA lines, showing a strong intermediate-term uptrend.

MACD & RSI

MACD turned positive in late evening hours and showed a bearish divergence after a key high at $0.000867, suggesting a potential pullback. The RSI reached overbought levels above 70 during the rally, with a current reading of 65. This suggests short-term caution and a potential consolidation phase. Momentum remains strong but may need a pause for sustainability.

Bollinger Bands

Price traded near the upper Bollinger Band on the 15-minute chart for most of the session, indicating strong volatility and bullish pressure. On the daily chart, price sat just below the upper band, suggesting continued strength. A contraction in band width occurred around 05:00–06:00 ET, which was followed by a breakout, indicating a potential resumption of trend momentum.

Volume & Turnover

Volume surged during the breakout above $0.000833, with a 21:15 ET candle recording 235.9 million in volume. Turnover aligned closely with price action, showing no signs of divergence. A significant volume spike occurred at 21:30 ET with 235.9 million in volume, which confirmed the continuation of the bullish trend.

Fibonacci Retracements

On the 15-minute chart, key Fibonacci levels were drawn from the swing high at $0.000867 to the swing low at $0.000794. Price found support at the 61.8% level ($0.000824) and currently trades near the 78.6% retracement level ($0.000848). A break above $0.000853 would align with the 88.6% level and could signal further bullish momentum.

Backtest Hypothesis

The backtest strategy, as described, uses the close price for trade entry and assumes a fixed holding period of three trading days. Given the recent formation of a bullish engulfing pattern and the strong momentum seen on the 15-minute chart, such a strategy would likely capture a portion of the upward move if applied. The absence of stop-loss/take-profit levels means the strategy is more exposed to volatility, but the strong volume and MACD signal suggest the trend may have sufficient legs to support a three-day holding period. The use of Fibonacci levels and Bollinger Band breakouts could enhance entry timing.