Notcoin (NOT) continues to show positive dynamics, trading at $0.0023. The asset is approaching a significant resistance level, attracting traders' attention.
Symmetrical Triangle on 4H Chart Signals Potential Breakout
Alpha Crypto Signal reports that $NOT is trading within a symmetrical triangle on the 4H chart, currently moving toward resistance. A confirmed breakout above this level could lead to potential long entries after a retest.
Daily Chart Shows Sustained Compression Since Late May
$NOT/USDT has maintained the symmetrical triangle structure since late May. Key pivot points demonstrate adherence to both trendlines, with the price now pressing toward the upper resistance zone with bullish short-term momentum.
Breakout Zone Retest Could Offer Entry Opportunities
Traders are watching for a clear breakout above the resistance line, preferably supported by strong volume. A successful move beyond this level could lead to an expansion phase with prior swing highs as potential targets.
Despite uncertainty, the current upward momentum suggests increasing interest in Notcoin, which is now on traders' radars as they await confirmation of a breakout.
