UKRLAN UA
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Bullish
#NOT
Judging by the chart, Notcoin (NOT) is in a declining phase and is likely completing a correction within the wave structure WXY.
🔍 Chart Analysis
1. Current structure:
• The completion of wave Y is visible, where point C may become a local bottom.
• The price has approached a key support level (≈ 0.00375).
2. Outlook:
• An expected reaction (rise) is possible if the level 0.00375 holds.
• The next target in case of a rebound is 0.0055–0.0070$.
• However, bullish signals confirming a reversal are currently absent.
3. Risks:
• If the price settles below 0.00375$, the decline may continue.
• The local downtrend remains until there is confirmation of an upward movement.
📊 Conclusion
• Short-term: a bottom may be forming.
• Long-term: confirmation of a reversal is needed (volumes, candlestick patterns).
• Confirmation of an upward movement will appear upon breaking 0.005$.
Recommendation: monitor the price reaction at the level 0.00375$ and watch for signs of a reversal.
Judging by the chart, Notcoin (NOT) is in a declining phase and is likely completing a correction within the wave structure WXY.
🔍 Chart Analysis
1. Current structure:
• The completion of wave Y is visible, where point C may become a local bottom.
• The price has approached a key support level (≈ 0.00375).
2. Outlook:
• An expected reaction (rise) is possible if the level 0.00375 holds.
• The next target in case of a rebound is 0.0055–0.0070$.
• However, bullish signals confirming a reversal are currently absent.
3. Risks:
• If the price settles below 0.00375$, the decline may continue.
• The local downtrend remains until there is confirmation of an upward movement.
📊 Conclusion
• Short-term: a bottom may be forming.
• Long-term: confirmation of a reversal is needed (volumes, candlestick patterns).
• Confirmation of an upward movement will appear upon breaking 0.005$.
Recommendation: monitor the price reaction at the level 0.00375$ and watch for signs of a reversal.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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