Market Overview for NOTUSDT on 2025-09-06

• Price action sees a choppy 24-hour range with a high of $0.001962 and a low of $0.001898.
• Momentum remains mixed, with RSI showing slight overbought and oversold conditions but no strong directional bias.
• Volatility is moderate, and volume spikes align with key price swings.
• A key resistance appears at $0.001945–$0.001950, while support is seen around $0.001930–$0.001935.
• A potential breakout scenario may develop if buyers can clear $0.001950 with confirmation volume.

The NOTcoin/Tether USDt (NOTUSDT) pair opened at $0.001907 on 2025-09-05 at 12:00 ET, and closed the 24-hour period at $0.001922 on 2025-09-06 at 12:00 ET. The pair reached a high of $0.001962 and a low of $0.001898. Total trading volume amounted to 359,592,898.0 NOT tokens, with a notional turnover of $689,718.10 USD.

Structure & Formations

Over the past 24 hours, NOTUSDT exhibited a mixed structure of bullish and bearish formations. A notable bullish engulfing pattern emerged around 18:15 ET when the pair surged from $0.001935 to $0.001962. However, this was followed by a bearish correction, including a doji at 02:45 ET, indicating indecision among traders. Key support levels emerged around $0.001930 and $0.001922, while resistance levels formed near $0.001945 and $0.001950, which repeatedly saw selling pressure.

Moving Averages

The 15-minute chart shows the 20-period and 50-period moving averages in a tight range between $0.001930 and $0.001940. On the daily timeframe, the 50-period MA appears to sit slightly above the 100-period and 200-period MAs, suggesting a possible bullish bias if the 100- and 200-period lines continue to align with the 50-period. A crossover is not imminent but remains a watchpoint for short-term momentum shifts.

MACD & RSI

The MACD oscillator showed mixed momentum over the 24-hour period, with the line fluctuating around the signal line but lacking a strong directional bias. RSI peaked at 62.4 near the intraday high and dipped to 37.2 near the low, indicating a balanced market without clear overbought or oversold conditions. However, the RSI’s inability to rise above 65 suggests limited upside potential for now.

Bollinger Bands

Volatility on the 15-minute chart showed a moderate expansion during the evening hours, with the bands widening between $0.001916 and $0.001950. Price traded within the bands for most of the period, with only brief excursions at the upper and lower boundaries. A contraction phase is not currently in place, but continued consolidation near the mid-band could suggest a potential breakout or reversal.

Volume & Turnover

Volume spiked significantly during the afternoon hours, with a peak of 71,696,812 NOT tokens at 18:15 ET. This coincided with the highest price of the day, suggesting some bullish conviction. However, the lack of sustained follow-through volume afterward suggests that this move may have been driven by isolated buyers rather than broad market participation. Turnover increased in line with volume, reaching $132,252 USD at that peak, but remained below intraday averages.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing from $0.001898 to $0.001962, the 38.2% and 61.8% retracement levels fall at $0.001937 and $0.001925, respectively. The price tested the 61.8% level twice during the session, failing to break through on either occasion. This suggests that $0.001925 may be a meaningful support level in the short term.

Backtest Hypothesis

The backtest strategy described involves entering a long position when the 20-period moving average crosses above the 50-period on the 15-minute chart, with a stop-loss set below the most recent Fibonacci 61.8% retracement level and a take-profit target at the 38.2% level. Based on today’s data, such a strategy would have triggered a signal at 18:15 ET when the 20-period MA crossed above the 50-period near $0.001943. The stop-loss would have been set at $0.001925, while the take-profit target would have been near $0.001937. This would have yielded a short-term gain of approximately $0.000012 per NOT token, or ~0.62%. The high volume and bullish engulfing pattern at this time would further justify the setup.