Market Overview: NOTUSDT – 24-Hour Analysis (2025-10-08)

• Price action fluctuated within a tight range, oscillating between 0.00153 and 0.001575, with no decisive breakout.
• A bearish engulfing pattern emerged early in the session, followed by consolidation and a failed retest of a prior high.
• Volatility and volume were moderate, with a late-day increase in volume coinciding with a rally toward 0.001568.
• RSI suggested mild oversold conditions by the end of the 24-hour period, signaling potential for a short-term rebound.
• Bollinger Bands showed contraction earlier in the session, followed by a mild expansion and price movement near the upper band in the final hours.

At 12:00 ET–1 on 2025-10-07, NOTUSDT opened at 0.001557 and traded as high as 0.001575 and as low as 0.001524. By 12:00 ET, the pair closed at 0.001544. Over the 24-hour period, the total volume traded was approximately 866,273,790 NOT, with a total notional turnover of around 1,337.76 USD.

The price of Notcoin/Tether (NOTUSDT) remained within a tight range for much of the session, with a bearish bias dominating in the first half. A key bearish engulfing pattern formed at 16:15 ET, following a prior bullish setup, which signaled a shift in sentiment. Price then entered a consolidation phase for several hours, only to see a late recovery attempt toward the upper end of the range. This attempted breakout failed to sustain, and the price retraced back to the middle of the range by the end of the session.

Moving averages on the 15-minute chart showed short-term indecision, with the 20-period and 50-period lines closely aligned near the middle of the range. On the daily chart, the 50-period line was slightly above the 200-period line, indicating a weak bullish bias in the longer term. The Relative Strength Index (RSI) crossed into oversold territory toward the end of the session, suggesting the potential for a near-term rebound. Meanwhile, the MACD remained in neutral territory, with no clear divergence in momentum.

Bollinger Bands showed a period of contraction early in the session, followed by a mild expansion and price action hovering near the upper band. This suggested a temporary increase in volatility and a possible test of the range’s upper limit. The price failed to break out above 0.001575, however, and instead retreated, reinforcing the idea of a congested range. On the Fibonacci retracement levels, the 38.2% and 61.8% retracement levels aligned with key support and resistance clusters around 0.001545 and 0.001565.