$NOT



The NOT network is currently navigating a tricky situation with two triangles forming in its recent price action. This creates a bit of uncertainty for traders, as there are two potential paths the price could take.
What are the possibilities? 🤔
* Deeper Correction: One scenario is that the price could continue to correct lower, potentially breaking below the previous low. This would be a bearish sign, but it could also create a buying opportunity for those who believe in NOT's long-term potential.
* Upward Breakout: The other possibility is that the price could break out upwards from the current triangle formation. This would be a bullish signal, suggesting that the market is ready to resume its upward trend.
What's the key takeaway?
The market is likely to remain volatile until it breaks out of this triangle pattern. It's important to stay patient and wait for a clear signal before making any trading decisions.
One thing is certain: the market will turn fully bullish once it passes the confirmation level. This will be a major milestone for NOT, indicating a strong shift in market sentiment.
So, what do you think? Which path will NOT take? Let me know your thoughts in the comments below! 👇