The currency Notcoin ($NOT), which was the talk of everyone two days ago, has currently dropped to a price of 0.00289 USDT after touching 0.0179 previously!
Has the dream ended? Or is this a golden opportunity for accumulation?
Let me tell you my opinion clearly: a realistic analysis.
1. Technical indicators (at the time of writing the post):
Highest price reached: 0.0179 USDT.
Current price: 0.00289 USDT.
Drop percentage: more than -80%.
Daily trading volume: still above 1.8 billion USDT.
My technical analysis:
The currency is now at a potential bottom and in a clear oversold condition.
If it can hold above 0.0027, we might see a near-term rebound towards 0.0042.
But breaking 0.0025 might open the door for additional decline towards 0.0019 - 0.0021.
2. Why this strong decline?
Millions of users sold their currencies after the airdrop = massive selling pressure.
There is no actual product yet other than a simple game on Telegram.
The currency has a "Seed Tag" on Binance = high volatility and risk.
Some whales entered quickly... and exited faster.
3. Is there still an opportunity for speculation?
Yes, currencies that experience a sharp decline after an airdrop often return to have a sudden recovery wave (Dead Cat Bounce).
Smart entry from the bottom can give a profit of +50% to +100% in a few days... provided you are quick and cautious.
4. My personal strategy (not financial advice):
I buy at 0.0026 - 0.0024 (only the first batch).
I sell half of the amount at 0.0038 - 0.0042.
I keep the rest for surprises.
I set a stop-loss at 0.0021 to protect myself.
A final word:
After all this decline,
Personally, I think what we are seeing now is just a warrior's rest.
And the currency has a real chance to explode again in the coming days.
But remember: in crypto, the smart one is not the one who enters first.
The smart one is the one who enters correctly and exits correctly.
Do you see $NOT deserving a second chance?
Or has the trend ended completely?
Share your opinion in the comments!
