#NOT Bullish Trend on Flow ⁉️
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- NOT Coin is one of the few bullish cryptos currently.
- Fundamentally, Ton (the network) is doing great, which benefits NOT Coin as the first big meme coin on the network.
- The coin has been bullish since a huge selloff due to airdrops, with bullish confirmations and a recent uptrend.
➡️ Technical Analysis
- $0.01 is a main resistance level, supported by Fibonacci levels.
- The next target is $0.0125, a massive Fibonacci level and psychological resistance level.
- The analysis suggests a potential rally up to $0.0145 and $0.015.
➡️ Current Market Situation
- TON is increasing in total value locked, with many projects launching on Telegram.
- Momentum is still increasing, with no bearish signs.
- The coin is still strong, even in a relatively weak market.
➡️ Support Levels and Risks
- The main support level is between $0.01 and $0.011.
- If Bitcoin dumps or open interest decreases, the support level may fail to hold.
- However, this is not the most likely scenario currently.