๐Notcoin Rockets 85%: Is the Rally Just Beginning? ๐
Notcoin has surged impressively by 85.47% in recent trading sessions. Let's dive into the detailed analysis of its key price levels and potential scenarios to help traders make informed decisions.
Current Price: 0.026574
Key Price Levels and Scenarios
Resistance Levels:
- ๐ด 0.027817 (Immediate resistance from Bollinger Bands)
- ๐ด 0.029400 (Recent high and major resistance)
- ๐ด 0.030000 (Psychological resistance)
- ๐ด 0.032000 (Extended target if bullish momentum continues)
Support Levels:
- ๐ข 0.025535 (Immediate support)
- ๐ข 0.021937 (Mid-Bollinger Band level)
- ๐ข 0.018501 (Key support level)
=> Range-Bound Scenario ๐
If $NOT/USDT consolidates between 0.018501 and 0.029400, it could create a profitable trading range. Traders might consider buying near the lower support levels around 0.018501 and selling near the upper resistance levels around 0.029400.
Price Levels for Range-Bound Trading:
- Upper Range Bound: 0.029400
- Lower Range Bound: 0.018501
=> Bullish Scenario ๐
A breakout above the 0.029400 level could trigger further bullish momentum. In this scenario:
- First Target: 0.030000
- Extended Target: 0.032000 (next major resistance)
- Moonshot Target: 0.035000
Price Levels for Bullish Scenario:
- Breakout Level: 0.029400
- Target 1: 0.030000
- Target 2: 0.032000
- Target 3: 0.035000
=> Bearish Scenario ๐ป
If NOT faces selling pressure and breaks below the key support at 0.025535, it could lead to a downward movement. In this case:
- First Support: 0.021937
- Deeper Retracement: 0.018501
- Critical Low: 0.016713
Price Levels for Bearish Scenario:
- Breakdown Level: 0.025535
- Support 1: 0.021937
- Support 2: 0.018501
- Support 3: 0.016713
Notcoin is currently experiencing a significant upward trend, and recognizing these key levels can help traders navigate the market more effectively. Whether you're aiming for a quick trade or a long-term investment, understanding the potential price movements and scenarios can make a substantial difference.๐๐
