The crypto token Notcoin (NOT) has seen a decrease in buying momentum and is currently trading at $0.0076, a 3% decline over the past week. On-chain and technical indicators suggest that the downward pressure on the token may continue. Large holders of NOT have been reducing their holdings, leading to a decline in the token's large holders' netflow. This indicates that whales are offloading their holdings, suggesting increased selling pressure and a higher risk of a price drop. Furthermore, short-term holders of NOT have been decreasing their holding time, putting significant downward pressure on the token's price. The current support level for NOT is $0.0069, and if this support is not defended, the next price target could be its all-time low of $0.0010. However, if demand for Notcoin increases, it could bounce off the support line and begin an upward trend towards $0.012.
- Content Editor ( beincrypto.com )
- 2024-10-25
Telegram-Linked Notcoin (NOT) May Revisit Its All-Time Low