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<p>An analyst on the popular trading platform TradingView has signaled that the ongoing rally in <a href="https://coinmarketcap.com/currencies/notcoin/" target="_blank" rel="noopener noreferrer nofollow">Notcoin (NOT) </a>may be coming to an end, with a potential price correction of 30% or more on the horizon.</p>
<p><strong>The Wave 5 Rally Concludes</strong><br>According to<a href="https://www.tradingview.com/chart/NOTUSDT/CGpUjB9a-Notcoin-NOT-needs-Correction-30/" target="_blank" rel="noopener noreferrer nofollow"> pejman_zwin, a TradingView analyst</a>, Notcoin’s fifth wave of the current bullish cycle appears to have concluded. This assessment is based on the Elliott Wave Theory, a technical analysis approach used to identify recurring price patterns in financial markets.</p>
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<p>Pejman_zwin cites the breaking of the uptrend line as a confirmation sign of the end of Wave 5, which saw Notcoin surge more than 30% from its recent lows.</p>
<p><strong>Potential Support Levels </strong><br>If the analyst’s predictions hold true, Notcoin could experience a significant pullback, with a potential dip of at least 30% from its current price levels. Pejman_zwin has identified a key support zone around $0.009, where the downward momentum may stall.</p>
<p>However, should this support level fail to hold, the analyst warns that Notcoin’s price could potentially drop further, targeting the $0.007 and $0.0064 levels successively.</p>
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<p>Conversely, if the $0.009 support level holds firm, pejman_zwin anticipates a continued rally, potentially pushing Notcoin back towards the $0.01 mark.</p>
<p>In the analysis, pejman_zwin emphasizes the importance of risk management and avoiding greed in trading. The analyst recommends setting stop-loss orders for any open positions and adhering to a well-defined trading strategy.</p>
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<p>The post <a href="https://captainaltcoin.com/notcoin-not-wave-5-rally-ends-analyst-predicts-30-dip-to-next-key-support-watch-these-price-levels/" rel="noopener noreferrer nofollow">Notcoin (NOT) Wave 5 Rally Ends; Analyst Predicts 30%+ Dip to Next Key Support: Watch These Price Levels</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Notcoin (NOT) Wave 5 Rally Ends; Analyst Predicts 30%+ Dip to Next Key Support: Watch These Price Levels

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