Notcoin (NOT) has confirmed a significant upside breakout above a major trend line on its 4-hour chart, signaling a potential shift in short-term momentum. Analysts identify $0.00073 as the next key price target if current buying pressure holds. While broader charts show the token trading below key moving averages, momentum indicators like the RSI and MACD show early signs of stabilization and a potential trend reversal.
Notcoin (NOT) has confirmed a significant upside breakout above a major trend line on the 4-hour timeframe. According to the crypto analyst Clifton Fx, this suggests buyers have overcome a key resistance level.
With the breakout now confirmed, analysts believe $NOT could be preparing for a strong upward rally. Market watchers are highlighting $0.00073 as the next potential target if bullish sentiment continues.
According to TradingView, NOT shows a persistent bearish trend with price action compressed near $0.00038. The price trades well below major Exponential Moving Averages and a descending resistance line, facing significant downward pressure.
The technical outlook is heavily suppressed, as the price must overcome the strong resistance of the Ichimoku Cloud. The 200-day EMA at $0.00089 remains distant, requiring a break through the current diagonal trendline first.
The RSI (14) is seen at 44.46, rising above its signal line and moving away from oversold territory. Although still below the 50-level, the rising trend indicates building buying pressure.
The MACD indicates a bullish crossover, with the blue line rising above the orange signal line. This is supported by the histogram turning green, suggesting a loss in downward momentum and a potential short-term trend reversal.
