NOTCOIN Update — Next Stop 0.012?
Notcoin is delivering one of the most bearish charts at the moment. The token has already dropped more than 15% since breaking out of the triangle on Monday.
However, it looks like bears are still fully in control. The current price action is very likely to end in another leg down. This scenario is also second when looking at the recent volume. While every dip was driven by volume peaks, the phases in between had no volume.
Notcoin definitely needs the support of the broader market to stop the bleeding. Otherwise, it will reach 0.012 soon, which might not be the final destination for now.
Therefore, if you are looking to trade the reversal, this time hasn't come yet, and there are no signs that it will happen soon.
