#NOT/USDT: Potential Bullish Reversal
NOT (NOT/USDT) is approaching a critical support zone following rejection from the upper border of its falling wedge pattern.
Technical Analysis:
- Falling wedge pattern rejection at $0.0095
- Main support zone: $0.0082 - $0.0085
- RSI: 42 (oversold)
- MACD: Converging lines (potential bullish crossover)
Breakout Conditions:
- Successful bounce above $0.0085
- Breakout above $0.0092 confirms bullish sentiment
Price Targets:
- Short-term: $0.0123 (40% increase)
- Medium-term: $0.0179 (70% increase)
- Long-term: $0.0220 (130% increase)
Strategic Outlook:
- Support zone bounce confirms bullish reversal potential.
- Falling wedge breakout indicates buying pressure..
- Increasing volume on breakout confirms investor interest.
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