After a six-day surge, a red candle formed yesterday, followed by bulls regaining control today with a green candle.
$NOT reached a lifetime high near $0.013290 before experiencing expected retracement.
On the 4-hour chart, #Notcoin broke the descending triangle pattern, signaling a potential price surge.
Notcoin found significant support around the 0.5 Fibonacci retracement level at $0.011 on the 4-hour chart.
Expectations foresee $NOT rebounding from this support and targeting the 1.236% Fibonacci extension level.
Notcoin's price has been forming higher highs and lower lows over the past week. As it ascends, NOT could face notable resistance levels at $0.0133, $0.0145, and $0.0156.
According to Coingabbar analysis, In a bearish scenario, essential support zones for NOT's price to rebound from are approximately at the $0.011 and $0.0085 levels.
KEY LEVELS :
RESISTANCE LEVEL : $0.015000-$0.020000
SUPPORT LEVEL : $0.010000-$0.007000
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