$NOT OT/USDT – Short Opportunity Setting Up! Potential Rising Wedge Breakdown? 🚨
Current Price: $0.003424 (+23.74%)
After a strong upward move, $NOT is now encountering resistance near $0.00358. Bearish candlestick formations are emerging on the 30-minute chart, signaling a possible short-term reversal. A short trade opportunity may be forming if key levels break down.
.🔑 Key Technical Levels
Resistance: $0.00358
Support Zones: $0.00320 / $0.00295
.🧨 Short Trade Setup
Entry Zone: $0.00342 – $0.00348
Take Profits:
.🎯 TP1: $0.00320
.🎯 TP2: $0.00295
.🎯 TP3: $0.00275
Stop Loss: 🛑 $0.00360
📉 Market Insight
Price action suggests a potential rising wedge pattern, which is typically bearish. The recent vertical rally may be losing steam as sellers begin to step in near the top.
🧠 Pro Tip
Wait for a clean break below $0.00340 with strong volume to confirm bearish momentum. This could be the beginning of a pullback phase — a chance to catch the downside before the hype fades.
Stay sharp – NOT may NOT hold these levels for long!