#NOT还会上涨吗 $NOT

NOT Analysis: Is Now the Time to Buy NOT?

NOT was listed on Binance on May 16 and has made it to the top 100 cryptocurrencies on Coinpedia, with a market cap that soared to over $927 million. With frequent news and social media activity, the cryptocurrency quickly attracted investors' attention and performed on par with meme coins.

Currently, due to the short time that NotCoin has been listed, the data in the chart is limited, so the price movement mainly presents an upward channel pattern with an upward trend. Since its launch, the NOT price has soared to $0.037, but then corrected to the current price of $0.009, a weekly increase of 68.5%.

The price has not yet broken through the key resistance level of $0.010, which means that investors may need to wait for Notcoin to successfully break through this level. The key support areas are located at $0.004800 and $0.005100, and once the price reaches this area, it will be a good buying opportunity.

In addition, the 1-hour chart shows that selling pressure has increased according to the "On Balance Volume (OBV)" indicator, which is often used to show the direction of selling and buying pressure.

Will Notcoin rise to $1?

Considering Notcoin's real-time use case, as a reward asset for Telegram Tap to earn gamers, it is expected to accelerate its recovery from the short-term correction and potentially rebound to a high close to $0.2. However, to surpass this level further, a large amount of social attention and a surge in the number of gamers on the Telegram app are required.

In the current situation, investors should pay close attention to Notcoin's lower support area ($0.004800 and $0.005100) and upper resistance ($0.1) to decide whether to enter the market.

Recently, I am studying a relatively good track,

It is expected that the short-term increase will be more than 30%, and the long-term 5 to 10 times bull market funds will be more considerable!

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