#NOT

Judging by the chart, Notcoin (NOT) is in a declining phase and is likely completing a correction within the wave structure WXY.

🔍 Chart Analysis

1. Current structure:

• The completion of wave Y is visible, where point C may become a local bottom.

• The price has approached a key support level (≈ 0.00375).

2. Outlook:

• An expected reaction (rise) is possible if the level 0.00375 holds.

• The next target in case of a rebound is 0.0055–0.0070$.

• However, bullish signals confirming a reversal are currently absent.

3. Risks:

• If the price settles below 0.00375$, the decline may continue.

• The local downtrend remains until there is confirmation of an upward movement.

📊 Conclusion

• Short-term: a bottom may be forming.

• Long-term: confirmation of a reversal is needed (volumes, candlestick patterns).

• Confirmation of an upward movement will appear upon breaking 0.005$.

Recommendation: monitor the price reaction at the level 0.00375$ and watch for signs of a reversal.