Deep Dive
1. Technical Rebound (Mixed Impact)
Overview:
NOT rebounded from its September 22 low of $0.0016, with RSI (34.94) recovering from oversold levels. The MACD histogram flattened (-0.00000622), signaling reduced bearish momentum.
What this means:
Traders interpreted sub-$0.0016 levels as unsustainable given NOT’s 97% circulating supply and historical support near $0.00155. However, the price remains below key averages (7-day SMA: $0.00158), suggesting weak structural recovery.
What to look out for:
A close above $0.00187 (September 13 high) could signal momentum shift, while failure at $0.00155 risks new lows.
2. TON Ecosystem Momentum (Bullish Impact)
Overview:
The TON blockchain saw renewed interest with Hamster Kombat’s Guinness World Record (45M YouTube subs) and CoinRabbit’s new $NOT collateral feature.
What this means:
Telegram’s 900M-user ecosystem drives speculative flows into TON projects. NOT benefits as the first viral token in this vertical, though competition from newer games like Hamster Kombat limits upside.
3. Buyback Program (Bullish Impact)
Overview:
Notcoin’s Visa card partnership reinvests 0.7% of transactions into $NOT buybacks, creating micro-demand.
What this means:
While the program’s $27M daily volume impact is minimal (0.017% of market cap), it reinforces holder psychology and reduces sell pressure.
Conclusion
Notcoin’s rebound reflects technical bargain-hunting and TON’s resurgent social narrative, but thin liquidity and absent fundamentals cap gains. Key watch: Can NOT hold $0.00166 support amid Bitcoin’s neutral market dominance (57.98%)? Monitor TON ecosystem developments and NOT’s RSI stability above 40 for directional cues.