Technical analysis $NOT shows that the moving averages (SMA and EMA) for 7, 30, and 200 days are above the current price. This indicates a bearish trend, as the price is trading below key averages. The MACD indicator is negative, and the histogram indicates bearish momentum. RSI values are around 39-44, which does not indicate oversold conditions, meaning there is still potential for further decline.
Fibonacci retracement levels calculated from a maximum of 0.0024733 to a minimum of 0.0017851 show resistance in the range of 0.002048–0.0023109. The current price is below these levels, indicating that resistance holds. The key support level is the pivot point at 0.0018528, which should be monitored closely.
The price of Notcoin has decreased due to a combination of technical factors, issues in the tap-to-earn sector, liquidations with leverage, and a general decline in interest in altcoins. Key support levels and market news will help determine further movement.#NOT #Notcoin #Notcoin👀🔥 @The Notcoin Official