đ $NOT Analysis đŽ Comeback or Disaster? đ€đđ
The pair is currently trading at $0.017968, marking a 10.71% decrease. This sharp decline has captured the attention of many traders. Let's dive into the possible scenarios and key levels that could shape the future movements of Notcoin.
Range-Bound Scenario
đŽ Support and Resistance Levels
Support: $0.017500, $0.016500Resistance: $0.018331, $0.019200If $NOT consolidates within this range, traders might consider a range-bound strategy. Buying near the support levels and selling around the resistance levels could be profitable. However, a breakout from this range could signal more significant moves.
Bullish Outlook đ
đŽ Potential Breakout Levels
Immediate Resistance: $0.018331, $0.019200Major Resistance: $0.020000, $0.021000Target: $0.022000 - $0.023000 (uncharted territory)In a bullish scenario, a decisive break above the immediate resistance levels of $0.018331 and $0.019200 could set the stage for a rally towards the major resistance at $0.020000. Continued buying momentum might push the price past the psychological level of $0.021000, targeting uncharted territory between $0.022000 and $0.023000. đ
Bearish Outlook đ»
đŽ Potential Downside Levels
Immediate Support: $0.017500, $0.016500Major Support: $0.015800, $0.015000Target: $0.014000 (previous swing low)Conversely, if the price breaches the immediate support levels of $0.017500 or $0.016500, it could trigger bearish momentum, potentially testing the major support levels of $0.015800 and $0.015000. A sustained downtrend might lead the price towards the previous swing low of $0.014000. đ
This analysis provides a detailed outlook on the potential scenarios for $NOT, highlighting key levels to watch. Traders should monitor these levels closely to make informed trading decisions. #notcoin #AirdropGuide #altcoins #BTC #Write2Earn!