Today, the Notcoin price is 0.007694 USD with a daily trading volume of 69,883,325 USD. Over the past 24 hours, the token has decreased by 3.34%, and its market cap is 788,397,050 USD, which places it in 76th place according to CoinMarketCap.
Bearish trend #Notcoin
Notcoin’s current dynamics point to a bearish trend. Sellers have taken advantage of the pattern of rounding the upper boundary around the resistance zone at $0.008476. If this trend continues, the price may continue to fall towards the key support level of $0.0070, which may act as a buffer against further downward pressure.
Possibility of trend reversal
If the bulls take the initiative, the price of $NOT may bounce off the current levels. The main goal of the bulls is to break through the first resistance zone at $0.008476, and then reach the second important mark at $0.009443, which coincides with the 200-day simple moving average (SMA). It is important to note that the price of #NOT🔥🔥🔥 is currently trading above the 50-day SMA ($0.007666), which may give the bulls a reason for cautious optimism.
Conclusion
For traders, the key support level remains at $0.0070, which will serve as a critical indicator if selling pressure intensifies. Conversely, the bullish scenario suggests that a breakout of resistance at $0.009443 could open the way for further gains.
Podpishis @Sasha why NOT
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