NOTCOIN Is Still In Consolidation Mode! Here's the game plan!

NOT has constantly descended and consolidated after the rejection at the upper trendline. It even dived below the 0.16 level. However, the EMA200 should be a strong support and probably a level from which to bounce!

Mid-term, I am convinced that NOT has some extraordinary potential. Nevertheless, it is essential to wait for NOT to smash two resistances:

1 — The resistance at 0.173. This one is crucial. I would not enter a trade if NOT didn't close above this level on a higher timeframe like the daily chart.
2 — The upper trendline is almost at the same level as the 0.173 resistance.

Way Forward 👇
Once the broader market picks up some steam, I expect Notcoin to bounce from the current level and start a fresh attempt to battle the above-mentioned resistances.

Once this has been cleared, I would (from my current point of view) go for a trade with three profit targets:

1 - ~0.20
2 - 0.24
3 - 0.30