$NOT coin Faces Sharp Decline After Profound Rally: Will Bulls Manage a Comeback?
.
What we should expect from the from #notcoinprediction #Not
.
Notcoin's price, after a significant rally, has dropped back into the red. Sellers are cutting into its recent 302% gain, leaving bulls struggling. Despite a 120% increase in the last week, the past 24 hours have been bearish, with a 12% drop during US business hours on Wednesday.
The token hit a new high of $0.02836, giving early investors who bought at $0.004611 a more than 300% return. The fall is mainly due to profit-taking by early investors moving funds to Bitcoin and other altcoins.
After last week’s rally, this pullback was expected. Now, Notcoin needs to prove it can maintain its value to attract new investors aiming for another breakout. Currently, Notcoin is at $0.02116, with technical indicators suggesting the decline may continue.
Investors are also shifting to more established meme coins like $FLOKI , $SHIB Inu, and others, which have seen recent gains.
For Notcoin to recover, it needs to bounce back from the 38.2% Fibonacci retracement level, potentially reaching a new high above $0.03. If it fails, the price might drop further, possibly going below $0.015 and even down to $0.01.
