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Notcoin (NOT) is showing strong signs of a major breakout after months of downward pressure. The altcoin is now flashing bullish signals, suggesting that a significant trend reversal could be on the way.
In the past seven days, the NOT price has surged by almost 30%, confirming growing interest among market participants. As of the latest data, NOT is trading at $0.002506, with a 24-hour trading volume of $58.08 million, marking an 18% increase compared to previous sessions. Additionally, the token’s market capitalization stands at approximately $256.78 million.
Notcoin Breakout Confirmed
Technical analysis shows that NOT has decisively broken out from its falling wedge structure, a chart pattern widely regarded as a bullish indicator. After months of compressed price action within this wedge, the breakout is now supported by strong trading volume, further validating the bullish case.
According to recent observations shared by market watchers, NOT’s technical setup is growing increasingly favorable. Key developments include a strong bounce from bottom support levels, a confirmed falling wedge breakout, and early signs of the lower low/lower high (LL/LH) structure flipping. A critical Change of Character (ChoCh) is expected if NOT can break above the $0.0028 resistance zone.
Key Price Levels to Watch For Notcoin
If Notcoin successfully breaks and holds above the $0.0028 level, it could trigger a strong upward move, with projections pointing toward a potential target around $0.03, a new all-time high (ATH) for the token.
A decisive move above $0.0028 could open the door for an extended rally. However, the $0.0022–$0.0019 range is for potential buying opportunities if NOT faces pullback.
The strong trading activity and positive technical signals suggest that NOT could be at the start of a much larger bullish trend, especially if wider altcoin market sentiment remains favorable.
Notcoin Positioned For Growth Amid Altseason Hype
Notcoin’s breakout comes at an exciting time for the broader cryptocurrency market, with several altcoins showing renewed strength and setting the stage for a potential altseason. As investors rotate capital from major cryptocurrencies like Bitcoin and Ethereum into smaller-cap altcoins, tokens like NOT stand to benefit.
The combination of a technical breakout, rising volume, and positive sentiment could fuel a sustained rally for NOT. However, as with any volatile asset, traders are encouraged to maintain proper risk management practices and stay alert for key technical signals in the days ahead.
For now, all eyes remain on the $0.0028 resistance. A clear break above this level could confirm that Notcoin’s next major move has officially begun.
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