Notcoin (NOT) experienced a rapid rise after being listed on the Binance exchange on May 16, with its market value exceeding $927 million and entering the Top 100 cryptocurrency list. This rise was supported by news and social media interest. However, it performs similar to meme coins whose future is uncertain. Although a definitive technical analysis is difficult, prices are pointing to an upward channel pattern. A critical resistance level is at $0.010, a break above this level could signal a bullish move. Support zones are between $0.004800 and $0.005100. The 1-hour chart shows that selling pressure is increasing. Notcoin's primary use case is the Telegram "Tap to Earn" game that rewards players. This suggests that after a brief correction, NOTE could rise towards $0.2. However, more social media attention and an increase in players is needed to reach $1. Traders should closely monitor the lower support zones and the $0.1 resistance to make informed entry decisions.

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