NOT Breakout Alert – 60% Potential on the Table
Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
NOT has broken out of a descending triangle after weeks of consolidation, showing strong bullish potential ahead.
Pattern: Descending Triangle Breakout
Breakout Level: 0.00245
Previous Move: 66% rally before recent correction
Entry: Breakout above descending trendline
Stop-loss: Below recent support near 0.00222
Target: 0.00390+
Technical Outlook:
Clean breakout after sustained downtrend
Structure favors continuation to the upside if breakout holds
Volume confirming breakout strength
Risk-reward ratio remains highly favorable on this setup. Watching for continuation as long as price holds above breakout level.