As anticipated in our previous analysis, NOT Coin has seen a notable price drop of about 50% after falling below the support level. Currently, a bearish pennant pattern is emerging on the 5-minute chart, suggesting a potential further decline.
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Traders should be cautious and wait for a breakout confirmation before making any moves. Two possible scenarios to consider are:
Upside Breakout: A rise above $0.0084 could lead to a new all-time high.
Downside Breakout: A fall below $0.0072 may trigger another significant drop, potentially reaching $0.003 (a further 50% decline).
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