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- Gate July 2025 Transparency Report:
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Will $NOT Break the Recent High?
@Notcoin is currently trading at $0.002312, coming off a pullback after hitting the recent high of $0.002363. On the 4H chart, price is holding above the MA(7) at $0.002265 and MA(25) at $0.002219, showing that the short-term trend remains bullish. RSI is at 63.7, indicating decent buying strength without being overbought.
Resistance to Watch:
$0.002348 – $0.002363 is the immediate supply zone and recent top.
A breakout here would open the door toward $0.002385 and possibly $0.002400.
Why a Break is Possible:
Price is holding above key moving averages, signaling strong underlying support.
RSI is climbing again after cooling from overbought levels, showing momentum recovery.
Recent green candles suggest renewed buying interest.
Caution:
If price fails to push above $0.002348 – $0.002363 and drops below $0.002265, sellers could retest $0.002219 or even $0.002194 before the next attempt.
📌 Conclusion:
NOT is building momentum to challenge the $0.002363 recent high. If volume increases near that level, a breakout toward $0.002385–$0.002400 is likely. But without strong buying pressure, a short-term rejection and retest of supports could happen first.
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{spot}(NOTUSDT)
#Notcoin