My ex-girlfriend, whom I haven't contacted in years, surprisingly reached out to me in the middle of the night
''Hey, it's been a while since we last contacted each other''
''I see you have been posting about Ethereum and similar things for a long time, it seems you have always been trading coins?''
''Haha, actually there’s nothing much, I just saw that Ethereum is close to a new high today, seems like it’s already 30,000 RMB each, I remember when I first saw you post about it, Ethereum was only 300 RMB each.''
''I feel like you must have made a lot of money, haha, there's nothing particularly important, just wanted to reach out and improve our relationship!''
Hahahaha, at that time you complained that I was always trading coins and said I wasn't serious about my career, that's why you broke up with me. Now you want to rekindle our relationship? Heh~ It's too late!! I already liquidated my Ethereum when it was at $4700, I'll wait for the bear market to buy back! But recently I've been researching $NOT , and since we once had a relationship, I'll share my investment research with you! Whether you play or not is up to you!
Brief Introduction to NOT
First of all, NOT @The Notcoin Official is the star token of the TON network. You know TON, right? It's the blockchain based on Telegram, fast and with low fees. NOT has a wide influence within it, and the community holding is particularly high—on-chain holders have exceeded 2.8 million! I remember when they first started their 'Click to Win' campaign, just tapping on the phone could earn you coins, and so far they have distributed over $220 million in rewards to the community! I've been in the crypto space for 8 years and have seen many projects claiming 'community first', but it's rare to see one like NOT that actually gives money to players.
61% of NOT's total supply is circulating on-chain, meaning most coins are in players' hands, not locked by whales. The transaction volume on DEX has already exceeded $1 billion, with super liquidity, unlike some small coins that can't be sold after buying. It has been listed on 15 major platforms, including Binance, Bybit, OKX, and Kraken, so you can be assured it won't go to zero.
Total amount and circulating supply of NOT: The total supply of NOT is 102.457 billion, and the current circulating supply is about 99.434 billion, accounting for about 97% of the total, almost all in circulation.
Analysis and Prediction of NOT's Price Trend
After NOT went live on May 16, 2024, it quickly gained popularity due to the viral spread of the 'Click to Win' game, reaching an ATH of $0.02836 on June 2, with a market cap exceeding $2 billion at one point. However, the market corrected, and the price plummeted from July to a low of $0.00161 by 2025, currently at $0.0019 still fluctuating at a low level. Current market cap is about $18.9 million, ranked 199. Compared to the ATH of June 2, 2024 ($0.02836), it has dropped over 90%, but has risen 8.73% in the past 7 days and 7.93% in the last 24 hours, indicating short-term buying support. It is highly likely to form a 'double bottom' pattern, break the downward trend line, with a short-term target of $0.0030-$0.0039, and possibly even reach $0.0060.
Technical Indicators:
MACD: The 4-hour chart shows the MACD line is above the signal line, and the green histogram is expanding, indicating that short-term bullish momentum is increasing.
RSI: The current RSI is 71.35, in the overbought area, there may be short-term pullback pressure, but it also reflects active buying.
Support and Resistance: Current support is at $0.0016-$0.0018, resistance is at $0.0031-$0.0033.
Reasons for Bottom Picking from a Technical Perspective
Double bottom pattern confirms rebound: The double bottom is a classic reversal signal; NOT rebounded after touching the bottom twice at $0.0016-$0.0018, breaking the downward trend line, making the short-term bullish probability high. I also caught a similar double bottom when I bottomed ADA back then, made 30% in a few days.
MACD Bullish Signal: MACD Golden Cross + green histogram expansion indicates that buying momentum is increasing, similar to the launch phase of NOT from $0.0010 to $0.028 in May 2024.
High liquidity support: NOT's circulation accounts for 97% (99.4 billion/102.4 billion), DEX transaction volume exceeds $1 billion, with 2.8 million on-chain holders, market depth is sufficient, and the technical pattern is not easily manipulated.
Low-risk high return after being oversold: Current price is only 6.7% of ATH, a pullback after RSI being overbought is a normal adjustment, low-level buying has a high risk-reward ratio (potential doubling space $0.0039-$0.0060).
Best Buy: $0.0018-$0.0019 (current price or pullback to double bottom support). RSI is overbought (71.35) and may trigger a slight pullback, so it's recommended to wait for RSI to drop to 50-60 (expected $0.0017-$0.0018) to buy in batches. Set a stop loss below $0.0016 ($0.0015) to prevent double bottom failure.
Optimal Buy: If it breaks $0.0021 (Bollinger Band upper limit), you can place an order, confirming the flag breakout, target $0.0033.
Control total position to 10-20%, build positions in 3-5 batches, with a single batch not exceeding 5%. Short-term target 0.0033-0.0060, mid-term hold to $0.01.
Disclaimer: This article is for personal analysis only and does not constitute investment advice. There are risks in investing, and caution is needed when entering the market! DYOR!
