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Notcoin Price Targets $0.00234 as Bullish Momentum Accelerates in Market Rebound

Notcoin Price Targets $0.00234 as Bullish Momentum Accelerates in Market Rebound

Author:
Tronweekly
Published:
2025-08-23 03:00:00
14
1

Notcoin surges as crypto markets find footing—bulls push toward key resistance level.

The $0.00234 Target

Traders eye the psychological barrier as buying pressure builds. Momentum indicators flash green across boards while volume spikes suggest genuine interest—not just another pump-and-dump scheme.

Market Recovery in Play

Broader crypto recovery fuels the move. Bitcoin stability trickles down to altcoins, creating ideal conditions for breakouts. Notcoin rides the wave while skeptics mutter about 'fundamentals'—because nothing says solid investment like digital tokens named after internet jokes.

Whether this holds or folds remains to be seen, but for now, the charts scream bullish.

Notcoin

  • Notcoin’s price shows a steady rebound with 7.48% daily growth.
  • Weekly performance reflects a 5.61% gain, signaling bullish traction.
  • Market participation is strengthening as open interest rises 7.35% to $55.48 million.

Notcoin (NOT) is showing positive momentum and experiencing a surge in its value with the overall market. The token has climbed 7.48% in the last 24 hours, with weekly growth reaching 5.61%. At the time of writing, the price currently sits at $0.001973.

The 24-hour trading volume has surged to $37.87 million, marking a sharp 75.45% increase from the previous day. Its market capitalization currently stands at $196.11 million, underscoring renewed investor attention.

NOT 7D graph coinmarketcap 2

Source: CoinMarketCap

The short-term market outlook indicates stronger activity. Notcoin’s price has bounced from its recent lows and now shows early signs of a recovery phase. Traders are closely monitoring its ability to sustain momentum and challenge resistance levels in the coming sessions.

Notcoin Technical Indicators and Momentum Signals

Notcoin is attempting to recover after testing support NEAR the lower Bollinger Band at $0.00175. However, it remains slightly below the mid-Bollinger level at $0.00205, which acts as a key resistance zone. A decisive breakout above this level may confirm short-term bullish momentum, while failure to reclaim it could trap the token in a consolidating range.

NOTUSD 2025 08 23 00 23 38

Source: TradingView

The RSI stands at 47.81, slightly below the neutral level of 50. Although momentum appears neutral, the rebound from oversold territory signals stronger demand. A push above the 50–55 range WOULD confirm renewed buying pressure and open the door for a move toward higher resistance targets around $0.00234.

The MACD also confirms this story. As long as the MACD line is below the signal line, the shrinking histogram indicates bearish momentum is fading. A crossover would confirm a possible trend switch, corresponding to a breakout through the mid-Bollinger level.

Derivatives Activity and Trader Sentiment

The derivative data show rising engagement. The open interest surged by 7.35% to $55.48 million, which suggests ongoing positioning by future players. Although trading volume cooled down after the initial boost, the steady rise of the open interest supports speculation in Notcoin as ongoing.

download 2025 08 23T002833.319

Price & Volume and OI Trends | Source Coinglass

The OI-weighted funding rate stands at 0.0054%, showing slightly bullish sentiment from players. However, the spot price keeps trending cautiously, and this causes a misalignment between sentiment and short-term price action, suggesting that traders may be preparing for a potential reversal or managing risk through limited strategies.

download 2025 08 23T002818.254

Funding Rate Trends | Source Coinglass

If the token maintains support at $0.00175 and crosses through resistance, faith in a bullish reversal will increase. In the meantime, Notcoin continues to be in a sensitive state, swinging between recovery signs and continued market skepticism.

|Square

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