🦋 Notcoin Ignites Butterfly Setup: Poised for a Reversal? 🔁
Hello Binance Square fam! Notcoin has been flying under the radar—but recent oscillators, moving averages, and a potential harmonic butterfly pattern are signaling a possible bullish twist. Let’s break it all down 👇
📊 Market Overview & Technical Snapshot
Current Price & Momentum
NOT is trading around $0.00226–$0.00227, up ~1% in the last 24 hours, with a weekly gain of +7.5% and a monthly gain of +14% — showing steady mid-term strength .
Technical Consensus
Daily indicators lean bullish:
– Oscillators: MACD, ADX, ROC show buy signals; RSI ~61 (neutral to bullish)
– Moving averages: 9 of 15 daily MAs suggest buys
– TradingView’s summary rates it as a “Buy today” despite weekly neutral .
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🔎 Butterfly Harmonic Pattern Potential
While there's no confirmed harmonic pattern in NOT, the construct of price action hints at a nascent Bullish Butterfly structure:
1. X–A leg: Initial rally from $0.00200 → $0.00240.
2. A–B pullback: Retrace to ~$0.00220.
3. B–C consolidation: Stabilizing near $0.00225.
4. C–D final leg: A deeper leg toward ~$0.00215–$0.00218 could complete a textbook Butterfly setup, targeting a reversal back above $0.00240–$0.00250 .
If price dips into the Potential Reversal Zone (PRZ) around $0.00215–$0.00218, buyers could jump in—especially if a reversal candle forms near the D point.
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📈 Key Levels & Strategy
Zone Role Strategy
**$0.00215–$0.00218** PRZ for bullish Butterfly 🟢 Entry: Buy if reversal appears; SL just below $0.00210
**$0.00225–$0.00227** Short-term resistance 🟡 Take Partial Profits: Secure gains here
**$0.00235–$0.00240** First upside target Trail stop upward as price breaks above
Above $0.00250 Confirmed breakout zone Aggressive add-on if momentum continues
Below $0.00210 Invalidation level Exit/trim if pattern cracks open
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🧠 Why It Makes Sense
1. Momentum building: Daily technicals lean bullish with rising oscillator and MA signals .
2. Structure forming: Pullback into PRZ may complete harmonic Butterfly, a high-probability reversal pattern .
3. Confluence support: Price resting near key moving averages—ideal for bounce .
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✅ Binance Square Summary
NOT is carving out a promising setup—technicals are bullish, and the potential for a Butterfly harmonic pattern adds a high-reward scenario if the PRZ holds:
Buy near $0.00215–$0.00218 (stop under $0.00210)
Targets: $0.00227 → $0.00240 → $0.00250+
Consider trimming if price slips below the invalidation zone
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🎉 Final Thoughts
This is a high-upside, technically aligned setup—if Notcoin completes the Butterfly and holds key zones, the next swing could be a juicy one. Stay alert, trade smart, and let the pattern play out! 🛡️
*This is educational content based on public data—not financial advice. Always DYOR before trading.*
