At a Glance
Current Price: ~$0.00205 (up ~2.5%)
Market Cap: ~$204 million
Supply Burn + Buzz: After a playful "hacker mistake," 3% of NOT's supply was burned—catapulting sentiment and fueling a 12% bounce from recent lows .
Charting the Setup: Symmetrical Triangle on the 4H
The 4H chart shows a symmetrical triangle—a pattern where higher lows and lower highs converge, signaling market indecision. According to Investopedia, this “signals a period of consolidation… with the breakout direction indicating who takes control next” .
What it means for NOT traders:
Watch for breakout confirmation (preferably with volume spike)
If price breaks upward, you could see a rapid move toward $0.0022–$0.0024.
A breakdown might trigger a dip toward $0.0019.
Question What This Means
Q: Why is Notcoin trending? Strong meme-coin energy, a supply burn event, and active social momentum are driving interest.
Q: Is the triangle setup reliable? It's neutral and common in consolidations. Breakout direction matters; volume will confirm the move .
Q: Where do we place entries & exits? Wait for breakout:
• Long Entry >$0.00219, target ~$0.0024
• Stop-Loss below $0.00193.
Q: Is it a sound trade? High risk = high reward. Use tight SL and manage position sizes accordingly.
Final Take
Notcoin is sitting in a high-tension triangle. A breakout could lead to a fast move—especially with its meme-driven popularity and viral momentum.
Your Turn:
Would you go long on a confirmed breakout, or lay low until the charts speak? Drop your predictions below—I’ll share where I’ll be in on this.
“A symmetrical triangle… signals a period of consolidation and market equilibrium…” — Investopedia
#Notcoin #CFTCCryptoSprint #Write2Earn #TrendingTopic #TradingSignals
