#Notcoin Featured chart: $NOT showing a descending wedge pattern—a classic bullish reversal setup. The breakout zone is clearly marked.
$NOT Price Outlook: Bullish Bias Shaping Up
Trend & Sentiment
$NOT has formed a descending wedge—a strong bullish reversal signal—on recent charts.
Live price is currently near $0.0021, recovering from a recent low in the $0.0020 area.
Support & Resistance Levels
Support: Around $0.0020–$0.0021, based on recent daily lows and consolidation.
Resistance: Near-term resistance at $0.0031–$0.0035, the breakout zone for wedge reversal. A confirmed push above this could ignite next upside leg.
Trade Setup (4H to Daily Scale)
Trade Type: Long
Entry Zone: $0.0024 – $0.0025
Stop-Loss : Below $0.0020
Take Profit 1 : $0.0031 (breakout)
Take Profit 2: $0.0045 – $0.0050 (measured move)
Long Entry: Target entries on price reclaiming $0.0024–$0.0025, confirming wedge breakout and momentum shift.
Stop-Loss: Set just under $0.0020 to guard against false breakouts.
TP1: First target at $0.0031, aligned with prior congestion zone.
TP2: Extended upside target near $0.0045–$0.0050, following the pattern-based breakout projection.
Why It Works
The wedge breakout setup offers high reward potential vs. risk, given near-term targets.
Momentum tailwinds and previous volatility suggest price is primed for a move if it breaks the $0.0031 resistance.
Strong trader interest remains present, with average daily volumes in the millions, adding credibility to momentum continuation.
Final Thoughts:
Keep an eye on NOT clearing $0.0025–$0.0026 with conviction. If sellers resist above $0.0031, it's smart to lock partial gains. This setup balances clarity, risk management, and upside potential—ideal for capture in Binance Feed, Threads, or Twitter.
#AltcoinBreakout #BinanceFutures #CryptoScalper #Write2Earn
