Notcoin chart analysis: The current Notcoin chart reveals a strong upward trend line consistently supporting price movement. This trend line is confirmed by multiple touches, suggesting it can sustain upward momentum for Notcoin. A strong resistance point at 0.0098 USD has been identified, with the price having tested it multiple times without breaking through.
Useful support levels: Important support levels at 0.0087 USD and 0.0079 USD enhance NOT’s bullish outlook. These price levels act as a safety net in case of price drops, providing entry opportunities for traders. The formation of a bullish flag is also observed, expected to reach the target of 0.0110 USD if a breakout occurs.
Price movement scenarios: There are two scenarios for NOT in the short term: If it surpasses 0.0098 USD, the bullish flag pattern is confirmed, pushing the price up to 0.0110 USD. If not, the price may fall to 0.0087 USD, but still maintains its bullish structure, creating another breakout opportunity. The bearish possibility remains low, unless the price falls below 0.0079 USD.
Market confidence: Cryptojobs3 tweeted about confidence in Notcoin, stating the price is moving according to their predictions. Optimism is bolstered by posts and feedback from the community. The 0.0110 USD mark is a notable milestone, attracting interest from short-term and swing traders.