🚀💰 Notcoin Price Prediction – Can NOT Break $0.0104 Amid Mixed Signals?

📈 Notcoin Sees Gains Amid Market Recovery
Notcoin (NOT) traded at $0.0085 after a 2.4% 24-hour gain, aligning with broader market recovery. Despite this, the token remains under bearish pressure, trading in a rising wedge pattern on its four-hour chart, signaling weakening upward momentum.

📉 Bearish Signals Persist
A drop below the lower trendline of the rising wedge would confirm a bearish trend. The MACD histograms and a downward-trending MACD line below the signal line show sellers maintaining control. A MACD crossover below the zero line could further indicate strong bearish sentiment.

📊 Buyers Hold Positions
The OBV indicator remains high, suggesting buyers are holding their positions. This could signal consolidation, with potential for NOT to rise to $0.0104 if it defies bearish trends. Conversely, a fall below $0.0079 may trigger a decline to $0.0064.

🚀 Active Addresses Surge 124%
Active addresses on the Notcoin network spiked by 124% in 24 hours, from 10,930 to 24,530. New addresses rose from 2,340 to 3,670, alongside increased transaction volumes, reaching 1.96 billion NOT, indicating growing interest.

💹 Positive Funding Rates
NOT’s Funding Rates flipped positive at 0.0305%, reflecting long traders’ willingness to pay premiums to maintain positions. This positivity could boost buying activity and drive further price gains.

🌟 Outlook
Notcoin’s mixed signals suggest cautious optimism, with rising network activity and positive funding rates offering potential for recovery despite bearish technical indicators.