Notcoin's (NOT) price is currently consolidating, with the crucial resistance level being $0.0083. Despite a brief breakthrough, it fell back, yet optimism remains for a potential rally.
Investors bought nearly $145 million worth of tokens between $0.0081 and $0.0072, representing significant market supply. Their desire for profitability could increase buying pressure to breach resistance and climb higher.
However, market sentiment remains bearish due to prolonged consolidation, which could deter new buyers, keeping the price under the $0.0083 level. This could limit upward momentum in the short term.
Notcoin is currently trading at $0.0080, in a narrow range between $0.0083 and $0.0070. A breakout may signal a rally towards $0.0094, though mixed signals suggest continued consolidation.
If resistance is broken, a 17% increase might occur, reaching $0.0094 and potentially allowing for more gains, shifting the outlook from bearish to positive.
