๐ Notcoin Soars 10% โ Eyes the $0.010 Psychological Breakthrough! ๐
Notcoin is making waves in the crypto market, with a 10% surge overnight, inching closer to the $0.010 psychological mark. With a current market cap of $998 million and trading volume at $401 million, Notcoin is on the cusp of becoming a billion-dollar altcoin. Will it hit new all-time highs? Letโs dive in!
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๐ Notcoin Price Analysis
๐ฅ Breakout Rally in Motion:
The daily chart reveals a falling channel breakout, supported by a double-bottom formation and a key breakout above the 100-day EMA line.
๐ Current Price: Notcoin is trading at $0.009743, breaking past the 38.20% Fibonacci level at $0.0094 and surging toward the key resistance zone of $0.0097 to $0.010.
๐ฎ Key Resistance Levels:
Immediate target: $0.011 (50% Fibonacci level).
Long-term potential: $0.016 and $0.022.
๐ก๏ธ Crucial Support Levels:
$0.0080 (50-day EMA).
$0.0085 (100-day EMA).
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๐ Technical Indicators Show Bullish Momentum
MACD Signal: A strong bullish trend, with the MACD and Signal lines avoiding bearish crossovers, signals underlying bullish strength.
EMA Crossover: The 20-day EMA crossing above the 100-day EMA reflects short-term bullish momentum, supporting the ongoing rally.
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๐ Whatโs Next for Notcoin?
With bullish momentum and a breakout rally:
Short-Term Targets: $0.011, followed by $0.016.
Long-Term Potential: A run toward $0.022, marking a 130% upside in the coming month.
However, traders should watch for resistance at $0.010 and support at $0.0080 to $0.0085 for risk management.
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Notcoin is showing all the signs of a major breakout! Will it reclaim the $0.010 milestone and soar to new highs? Stay tuned and trade smart on Binance! ๐
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