🚀 NOT Coin Analysis 🚀
The situation for NOT coin doesn't look promising in both spot and margin transactions right now. I'm not expecting a rapid rise. However, I believe that if YesCoin gets listed, NOT coin and its derivatives will benefit positively and competition will ramp up. Here are some analyses to consider:
📊 Recent Performance:
📈 Surge: NOT coin skyrocketed by 600% after being listed on top exchanges like Binance and OKX on May 16, 2024.
📉 Retrace: The initial excitement cooled off, and the price retraced to the $0.0056 level by May 20, 2024, surrendering over 44% of its initial gains.
🔍 Technical Analysis:
📉 Bearish Pennant: A bearish pennant pattern suggests a bearish trend continuation.
📉 Price Target: The price target for this pattern is set at $0.005, with a possible further drop to $0.003.
📈 Resistance Level: The current resistance level is at $0.0077.
📈 Future Predictions:
💡 Bullish Outlook: Some experts predict that $NOT coin could surpass the $0.0145 mark by the end of the year, potentially even exceeding its previous high of $0.0144.
📉 Bearish Forecast: There's also a forecast of a -14.60% downward movement in the price of $NOT at the start of June 2024.
please don't forget to follow me thank you 🥰🥰🥰🥰🥰
#NOTcoin #cryptocurrency #trading #technicalanalysis #cryptoanalysis