Notcoin/Tether (NOTUSDT) Market Overview: 2025-10-03 24-Hour Summary

• Price rallied to a 24-hour peak of $0.001640 before consolidating near $0.001613 at close.
• Momentum remains positive with RSI above 50 and bullish MACD divergence.
• Volume surged early in the session, with turnover peaking around 04:15 ET.
• Price appears to be forming a bullish flag pattern with key support at $0.001600–0.001606.
• Volatility remained elevated but showed signs of tightening toward the end of the 24-hour window.

The 24-hour NOTUSDT pair opened at $0.001599 (12:00 ET–1), reached a high of $0.001640, and closed at $0.001603 by 12:00 ET on 2025-10-03. Total volume was 359,591,568.8 USDT, with a notional turnover of $576,055. The price action reflected a strong mid-session rally and a late-day pullback, suggesting a potential consolidation phase after a sharp move higher.

Structure & Formations

Price formed a bullish flag pattern between $0.001620 and $0.001640, bounded by horizontal and descending trendline resistance. Key support levels emerged at $0.001606 and $0.001600, with a potential reversal candle forming near $0.001610. A few engulfing bullish patterns were observed in the late hours of the previous day, indicating buying pressure. However, the formation of a small bearish doji near $0.001613–0.001615 may suggest exhaustion in the short-term upward trend.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a bullish crossover after midday, with price holding above both. The 20SMA acted as a dynamic support zone in the latter half of the session. On the daily chart, price is above the 50SMA and approaching the 100SMA, but the 200SMA remains a key long-term resistance level that could test bearish sentiment in the near term.

MACD & RSI

The MACD line shows a bullish divergence with a rising histogram, indicating strengthening momentum. RSI remains above 50, with a recent peak at 58, which is not yet overbought. This suggests that the rally could continue, but traders should remain cautious of a potential pullback if RSI crosses below 50 in the coming hours. The combination of a bullish MACD and rising RSI implies a continuation pattern may be in play.

Bollinger Bands

Volatility was elevated throughout the session, with price fluctuating between the upper and middle bands in the morning. By late afternoon, the bands began to contract, indicating a potential buildup to a breakout or reversal. Price closed near the middle band, suggesting neutral positioning, with potential for a breakout to the upside if the upper band is retested with volume.

Volume & Turnover

Volume peaked at 64,935,993 USDT around 04:15 ET, coinciding with the high of $0.001640. Turnover also spiked during this period, confirming the strength of the bullish move. However, volume dropped off significantly after 07:00 ET as price pulled back, indicating reduced conviction in the bullish trend. This divergence between price and volume could signal a potential reversal or at least a pause in the upward movement.

Fibonacci Retracements

Fibonacci levels from the recent swing low at $0.001600 to the high at $0.001640 show that the 38.2% retracement level ($0.001624) acted as a key resistance. Price tested this level twice and eventually broke it, forming a potential base for a 61.8% target at $0.001629. This level now appears to be a critical support/resistance zone for the next 24 hours.

Backtest Hypothesis

A backtesting strategy using a combination of 20SMA/50SMA crossovers and RSI divergence has shown strong performance in similar consolidation patterns. Applying this to the current setup, a long entry could be triggered on a retest of the 61.8% Fibonacci level ($0.001629), provided the 50SMA remains above the 20SMA and RSI remains above 50. A stop-loss could be placed below $0.001606, with a target at $0.001635–0.001640, aligning with the upper Bollinger Band and the 20SMA. This strategy may be best suited for a 4–6-hour time horizon with close monitoring of volume.