Notcoin (NOT) price prediction
Notcoin (NOT) was trending higher once more. It had a bullish market structure on the lower timeframes and has breached a key resistance zone at the $0.0054 level.
Notcoin had been in a downtrend a week ago but began to shift its trend in the past four days.
The $0.00544 level was marked in green and highlighted the downtrend’s lower high from the 22nd of May.
Notcoin breached this level on the 25th of May and formed a higher low at $0.00493. In doing so, it hinted at a bullish trend shift.
Since that higher low, NOT has gained 16% and looked to climb higher. The $0.0058-$0.006 region could serve as resistance to NOT. The RSI indicated strong bullish momentum in the one-hour timeframe.
However, the OBV was not able to climb past a local session till the time of writing. A move past it would be a sign of strong buying pressure and a continued rally.
The Fibonacci extension levels at $0.006, $0.0064, and $0.0068 are the next targets for the buyers.
