🚨 Critical Warning for $NOT Short Sellers! Important Alerts ⚠️

Remember what $NOT looked like this time last week? NotCoin was experiencing extreme volatility, with abrupt, large candlestick movements liquidating both buyers and sellers.

If you check the 1-day chart in the image below, you’ll see the price is currently at the 0.5 Fibonacci level. It’s possible it could drop to 0.014 or lower. However, if bulls and whale entries come into play, the direction could shift at any moment, potentially triggering your stop loss.

### Key Points to Consider:

- **Extreme Volatility:** NotCoin has been highly manipulated, making it dangerous for both long and short positions.

- **Sudden Moves:** Expect sudden and dramatic price shifts that can liquidate positions on both sides.

- **Stop Loss Challenges:** In such a volatile market, using small stop losses is risky and might not protect your capital adequately.

### Advice for Short Sellers:

- **Be Extra Cautious:** If you’re shorting NotCoin, proceed with extreme caution.

- **Set Tight Stop Losses:** Ensure your stop losses are set tightly to protect your capital, but be mindful of the challenges in volatile markets.

- **Consider Avoiding Trading:** It might be wise to avoid trading NotCoin altogether until the market stabilizes.

### Final Thoughts:

- **Protect Your Capital:** Don’t risk your capital on highly volatile and unpredictable movements.

- **Stay Informed:** Follow market updates and adjust your strategies accordingly.

If you found this post educational and informative, please like and follow us for regular updates on the crypto market. Stay safe and trade smart! 📊🚀

$HIGH #Binance200M #TopCoinsJune2024 #altcoins #Write2Earn #BTC