My $NOT analysis predicted a potential breakout, and while the price did make a valiant attempt, it ultimately faced resistance š«.
As I forecasted, Notcoin tested the $0.01429 and $0.01470 resistance levels, even reaching a high of $0.01453 šš. However, the bulls couldn't maintain momentum, and the price retreated to a low of $0.01363, briefly dipping below our initial support levels š.
Currently trading at $0.01399, $NOT is hovering near the lower end of its recent trading range š. This consolidation phase could be a period of accumulation before another attempt to break out, or it might signal a potential downtrend š¤.
Traders should closely monitor support and resistance levels to identify potential entry and exit points šš. Remember, the crypto market is unpredictable, so always practice risk management šØš”.