As of the current weekly candle, NOTCOIN (NOT/USDT) is trading at approximately $0.002447, with a healthy +6.62% upward movement. Based on the technical setup in the weekly chart provided, there are strong indications that NOT could be gearing up for a bullish breakout that might take its price toward $0.008 or higher in the coming month. Let’s break down the evidence supporting this potential explosive move.
1. Fair Value Gaps (FVG) Zones – A Sign of Market Imbalance
One of the key indicators on this chart is the presence of multiple FVG (Fair Value Gaps). These gaps typically indicate areas of inefficiency in price action where the market failed to transact enough volume. The market usually seeks to fill these gaps.
The first highlighted lower FVG zone is situated around $0.0038–$0.0046. This is relatively close to the current market price and is likely to be the first major liquidity target.
A larger FVG zone lies between $0.014–$0.017, which could act as a medium-term target if the momentum continues.
The yellow upward arrow suggests an anticipated movement to at least the lower FVG zone – a realistic move toward $0.0045–$0.005 within a couple of weekly candles. If this zone is breached with volume, then $0.008 becomes the next psychological resistance before aiming higher.
2. Volume and Candlestick Behavior
The current candle shows a bullish body with increased upward momentum, suggesting accumulation at the lows. The previous few weeks have shown small-bodied candles, which reflect a consolidation phase. This is typically a bullish signal when found at the end of a downtrend, often leading to a breakout.
Moreover, the weekly chart shows multiple long wicks to the downside, signaling rejection of lower prices and a potential reversal setup. Traders often consider these as hidden bullish divergence when combined with volume or RSI.
3. Psychological Structure and Market Cycle
NOTCOIN has been in a downtrend for several weeks, hitting its accumulation phase. Historically, altcoins like NOT often experience sharp upside reversals after prolonged sideways movement – especially in low-market cap or high-social-sentiment tokens.
From a Wyckoff perspective, this appears to be the end of the accumulation phase, where smart money absorbs supply and prepares for a markup phase. The yellow arrow pointing upwards confirms that the current price action could be the start of that breakout.
4. Key Support and Resistance Levels
Looking at the horizontal levels drawn on the chart:
Strong support is evident below at around $0.0018–$0.002, holding the price for weeks.
The next resistance is clearly at $0.0045, followed by $0.008, and eventually the high FVG zone at $0.015.
These levels serve as take-profit zones or entry points for breakout traders. If $0.0045 is broken with volume, FOMO could drive price rapidly toward $0.008, a key psychological level.
5. Buy/Sell Indicator and Sentiment
The chart shows:
Buy at $0.002448
Sell at $0.002447
This near-perfect parity shows market indecision and a potential squeeze setup. When buyers and sellers are nearly balanced but trend structure shows strength, it often results in a strong move once direction is confirmed — in this case, likely upward.
6. Fibonacci Confluence Zones (Implied):
Although explicit Fibonacci levels are not labeled, the structure and spacing of the price zones suggest natural fib retracement and extension levels. The bounce from near 0.00 zone and the next FVG aligning around 0.382–0.618 retracement zones strengthens the probability of a retracement rally to $0.008 or more.
Conclusion: NOT to the Moon?
Given the combination of:
Clear bullish FVGs,
Rejection from lower supports,
Weekly candle recovery with momentum,
Breakout potential after prolonged accumulation,
Psychological and structural support,
…it is highly probable that NOTCOIN could rally toward $0.008 or more in the next 3–5 weekly candles.
This would represent a minimum 200–250% move from the current level – not uncommon for altcoins in these early cycle formations.
Traders and investors may look for confirmation through:
Breakout above $0.0038–$0.0045 zone,
Volume spike,
RSI breakout above neutral (50) zone,
Increased sentiment on social platforms (like Twitter and Telegram).
Caution: As always, manage your risk carefully. The crypto market is volatile, and while technicals point toward a pump, external factors (e.g., BTC dominance, macro news) can affect the short-term outlook.
If this breakout continues as anticipated, NOT might just be the next surprise runner of the month. Keep your eyes on the $0.0045 resistance zone — a breakout here could be the green light to ride the rocket toward $0.008 and beyond.