🚀 $NOT is showing a potential technical setup!

The weekly chart for NOT/USDT on Bybit displays a multi-month accumulation phase following an impulsive spike earlier in the year, forming a potential reversal structure toward higher macro targets.

📈 The Technical Setup:
• The Pattern: Descending Broadening Wedge / Accumulation Base
• Short-term Target: 0.0006000 USDT
• Macro Objective: 0.0008300 USDT
• Market Structure: Accumulation and potential reversal breakout

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0003300 - 0.0003500 USDT
• Resistance: 0.0005000 USDT
• Breakout Level: 0.0005200 USDT
• Stop Loss / Invalidation: 0.0003100 USDT

📊 Confirmation:
• Volume: Neutral/standard volume profile during base formation
• Momentum: Gradual shift from bearish pressure to steady higher lows
• Trend: Macro base forming a higher low structure after prior retracement

⚠️ Invalidation:
A weekly candle close below the 0.0003100 USDT support zone would invalidate the bullish setup.

Manage your risk accordingly and wait for confirmation before entry.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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