I have been paying attention to the trend of $NOT recently. As an old user of @thenotcoin, I want to mention a somewhat painful but necessary signal today⚠️
$NOT is forming a typical **descending triangle**📉 on the daily chart, with highs continuously dropping and support at around 0.004.
This means the market is **waiting for a directional choice**—and currently, the **risk of a downward breakout is increasing**.
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### 🔍 A few signals I've observed:
1️⃣ The price has been rising and falling for several days, with each rebound being suppressed.
2️⃣ Trading volume hasn't significantly increased, indicating that funds are in a wait-and-see mode.
3️⃣ Although the overall market sentiment is still bullish, $NOT itself seems to be 'struggling to rise'.
Technical analysts believe that if it breaks support, the **first target may be 0.0035$** (about a further drop of 15%).
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### 💡 My approach (for reference only)
- I, who don't have a large position, will **stay still for now** and observe.
- Friends with substantial positions might consider **setting stop losses**, don't hold onto losing positions.
- If it really drops, it might actually be an **opportunity to accumulate in batches**.
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### 📌 Summary
- ✅ $NOT may continue to fluctuate or correct in the short term.
- ✅ Pay attention to the support level at 0.0035, don't blindly buy the dip.
- ✅ Long-term value looks at ecological progress, short-term trends depend on technicals.
👉 Follow me, let's rationally pursue projects together, no blind FOMO!
💬 Discussion area: What do you think about the future of $NOT? Hold or sell?
📤 Like + share, remind friends in the group who are still charging forward to stay calm!
