$NOT Price Prediction: Breach Likely, Not a Breakout - BeinCrypto Analytics

Notcoin’s price has been stuck under a downtrend line that first appeared back in June. Over the last three months, NOT has made multiple attempts to break above this line and initiate recovery. However, these attempts have failed each time, with the most recent setback triggered by Durov’s arrest. Given the current conditions, bullish cues may take a while to materialize. As a result, the likely outcome is sideways movement within the range of $0.0094 to $0.0076.

A drop below $0.0076 could send NOT on a path toward its all-time low of $0.0045. On the other hand, if bullish cues arrive sooner than expected, the altcoin could flip $0.0094 into a support floor, leading to recovery. Either scenario could invalidate the current consolidation thesis.