NOT / TetherUS
Short
Updated

Notcoin Further Decline Likely, Targeting Price of 0.0024

1504
Hello and greetings to all the crypto enthusiasts, ✌

In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Notcoin, 📚💡

The price is presently trading within a clearly defined descending channel and has broken through nearly all key support levels that were previously in place. This suggests a weakening of the bullish momentum and an increasing likelihood of further downward pressure. Based on the current candlestick patterns and the overall market structure, a continued decline of at least 45% is a realistic possibility. The technical indicators, coupled with the prevailing market sentiment, point toward additional bearish movement. Should these conditions persist, further downside risk remains a significant factor to consider. Given these factors, caution is warranted for any near-term price movements.📚🎇

🧨Our team's main opinion is:🧨
The price is in a downward channel and has broken through key support levels, indicating further bearish momentum. With current candlestick patterns and market conditions, a decline of at least 45% seems likely.

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Cheers, Mad Whale. 🐋
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