NOT Coin Accumulation and Retest:
$NOT Coin has undergone a strategic accumulation phase following the recent surge. This strategic pause allows the market to absorb profits and accumulate strength for a potential breakout. NOT Coin has repeatedly retested a key support level, indicating strong bullish sentiment.
Bullish Wedge Pattern
NOT Coinâs price action has formed a bullish wedge pattern, a technical formation that often appears before a significant uptrend. This pattern suggests a reversal from a downtrend and points to a positive outlook for the future.
Target Price
Based on the technical analysis, some potential target prices have been identified:
* 0.03700
* 0.02940
* 0.02663
If $NOT Coin breaks out of the wedge resistance and maintains its bullish momentum, it could reach these target prices.
Conclusion
The accumulation phase and bullish wedge pattern suggest that NOT Coin is poised for a potential breakout. Investors should closely monitor the price action and consider these target prices as potential profit-taking opportunities.
