Market Performance & Technicals
Significant 8% Drop
Notcoin suffered a steep 8.07% price decline on August 6, dipping to around $0.0019, accompanied by a surge in trading volume of approximately 18%.
Support Under Pressure at $0.002
The token’s $0.002 support level is being tested again following a 5.2% drop, trailing three successive bearish candlesticks and a 17% spike in trading activity. On‑chain data reveals $278K in outflows, hinting at accumulation, though over $1.66M worth of positions are concentrated near key liquidation zones—with downside risks more pronounced than upside potential.
Summary Table
Aspect Details
Price Action Dropped around 5–8% recently, trading near $0.0019–$0.002
Volume Rising sharply (17–18% boost), indicating heightened market activity
On-Chain Activity $278K moved off exchanges (possible accumulation)
Technical Risk Heavy leveraged positions near $0.00193–$0.00206 pose .
Support Hold or Breakdown?
If $0.002 fails to hold, a deeper drop toward ~$0.0016 could follow.
