NOT/USDT – Weekly Chart Analysis

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✅ Bullish Falling Wedge Breakout
The chart shows a clean breakout from a falling wedge pattern, a bullish reversal structure. This marks the end of the long-term downtrend and potentially the start of a new uptrend.

🔍 Key Technical Insights:
Breakout Level: $0.0027–$0.0029 range

Support: $0.00166 (base of wedge & critical invalidation zone)

Pattern Type: Falling wedge with narrowing volatility and bullish breakout

🎯 Price Targets:
Target 1: $0.005699 (first major resistance zone)

Target 2: $0.009607 (measured move of the wedge and previous horizontal resistance)

📈 Technical Outlook:
Breakout is supported by higher lows post-pattern.

Weekly structure now shifts to bullish bias.

Pullbacks toward the breakout area may offer buying opportunities.

⚠️ Invalidation Level:
Drop below $0.00166 would invalidate the bullish setup and reintroduce downside risk.

🔎 Summary:
The setup suggests early-stage bullish momentum. If volume increases and market sentiment supports altcoins, NOT/USDT could aim for over +200% upside from current levels.

Feragatname

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