Market Overview for Notcoin/Tether (NOTUSDT): Volatility and Momentum Shifts on 2025-10-22

• NOTUSDT opened at $0.000869 and closed at $0.000812, with a 24-hour high of $0.000880 and low of $0.000801.
• Price action shows a strong bearish reversal from late ET-1 to early ET, followed by a consolidation phase in the morning.
• Total volume hit 622,320,000 units, while turnover reached $49.9 million, suggesting moderate participation despite volatile swings.
• The 15-minute chart reveals a key support at $0.000805 and resistance at $0.000820.

Opening and 24-Hour Performance

Notcoin/Tether (NOTUSDT) opened at $0.000869 at 12:00 ET − 1, reaching a high of $0.000880 early in the session. Price then dropped sharply to a low of $0.000801 before consolidating slightly above $0.000805. At 12:00 ET, the pair closed at $0.000812. Total volume for the 24-hour window was approximately 622.32 million units, with a notional turnover of $49.9 million. The price action and volume suggest a moderate level of participation, with bearish momentum taking hold after the early ET-1 high.

Structure and Formations

On the 15-minute chart, the pair formed a bearish engulfing pattern from 16:00 to 16:15 ET-1, confirming a shift in sentiment. A key support level appears to be forming at $0.000805, with multiple candles finding support in this area. A doji formed at 01:15 ET, indicating indecision and a potential turning point in the near-term trend. Resistance is currently at $0.000820, where the market has faced repeated rejection.

Moving Averages

Using the 20- and 50-period moving averages on the 15-minute chart, the price has remained below both lines, indicating a bearish bias. The 20-period MA is currently at $0.000810, while the 50-period MA sits at $0.000812, suggesting that the 50-period line may serve as a near-term resistance zone if the pair bounces off the $0.000805 level. On the daily chart, the 50-, 100-, and 200-period MAs all point to a broader bearish trend.

MACD and RSI

The MACD is in negative territory, with the signal line crossing below the zero line at the start of the 24-hour period. The MACD histogram has been shrinking slightly, suggesting that bearish momentum may be stabilizing. The RSI remains in neutral to slightly oversold territory, hovering around 45–50, with no clear signs of a reversal. This suggests that while the pair is weak, it has not yet hit oversold levels that would trigger a significant bounce.

Bollinger Bands

Bollinger Bands have been expanding during the downward move, indicating rising volatility. The price has remained below the lower band for most of the session, confirming the bearish trend. A potential reversal may occur if the pair retests and bounces off the $0.000805 support level with a close above the lower band. The band width is currently at 0.000020, showing a moderate increase in volatility.

Volume and Turnover

Volume has been consistently above average for the entire 24-hour period, with a notable spike occurring between 21:15 and 22:15 ET-1, during the sharp decline. Turnover has mirrored volume closely, with no significant divergence observed. This suggests that the bearish move has been supported by strong selling pressure, and any near-term bounce would need to coincide with a corresponding increase in buying-side volume to confirm a reversal.

Fibonacci Retracements

Using recent 15-minute swings, the key Fibonacci levels are at $0.000826 (23.6%), $0.000816 (38.2%), and $0.000806 (61.8%). The current close of $0.000812 suggests that the pair is consolidating near the 38.2% retracement level from the low to high of the 24-hour session. If the price breaks below the 61.8% level at $0.000806, it may trigger further bearish momentum. Conversely, a move above $0.000816 could signal a short-term reversal.

Backtest Hypothesis

The RSI-oversold backtest hypothesis aims to evaluate whether a strategy based on RSI(14) < 30 signals could have generated profitable trades in the NOTUSDT pair during the 24-hour period. Given the current RSI hovering around the 45–50 range, the pair has not yet reached oversold territory. A potential entry point would be if the RSI dips below 30, particularly with a volume confirmation. This strategy would involve entering a long position at a close below RSI(14) 30 and exiting on a return to the 30–40 range, capturing a potential rebound. The historical volatility and volume data indicate that such a strategy could be viable if applied to a broader dataset. However, for a more accurate backtest, the precise RSI signals and corresponding dates need to be provided for the specific time frame of interest.