My $NOT analysis predicted a potential breakout, and while the price did make a valiant attempt, it ultimately faced resistance ๐ซ.
As I forecasted, Notcoin tested the $0.01429 and $0.01470 resistance levels, even reaching a high of $0.01453 ๐๐. However, the bulls couldn't maintain momentum, and the price retreated to a low of $0.01363, briefly dipping below our initial support levels ๐.
Currently trading at $0.01399, $NOT is hovering near the lower end of its recent trading range ๐. This consolidation phase could be a period of accumulation before another attempt to break out, or it might signal a potential downtrend ๐ค.
Traders should closely monitor support and resistance levels to identify potential entry and exit points ๐๐. Remember, the crypto market is unpredictable, so always practice risk management ๐จ๐ก.