Notcoin, a cryptocurrency that has garnered attention due to its recent significant price increase, is currently poised for a potential upswing after experiencing a pullback. The token, which saw a massive surge followed by a 25% decline, is now showing signs of strength according to the current trading setup. Notcoin's price trajectory has been parabolic since its inception, reaching remarkable highs. After a period of descending consolidation, bullish signals have emerged, leading to the formation of a bullish pennant. This consolidation phase indicates the likelihood of an upcoming bullish trend.

In the short term, Notcoin's price seems to be consolidating within a bullish pennant, suggesting a potential breakout towards a higher price level. A final pullback is anticipated to precede a significant upswing once the price breaks out of the consolidation zone. Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) support the possibility of a bullish momentum.

Although facing short-term bearish pressures, Notcoin's price remains within a positive trajectory, with signs of imminent volume surge. This surge in volume could drive the price to reach targets of $0.03 and potentially hit an all-time high (ATH) of $0.035 by the end of June 2024.