Technical analysis by TrendShot about Symbol NOT: Buy recommendation (5/23/2025)

TrendShot

📈 NOT/USDT Technical Analysis – Bullish Setup Within Ascending Channel Notcoin has broken out of a historically strong resistance zone and successfully retested it, forming a clean ascending channel structure. This setup suggests growing bullish momentum and offers multiple trade opportunities depending on your risk profile. 🟢 Scenario 1 – Aggressive Entry: Enter now with a stop-loss at 0.0021 and target the channel top (~0.00488). This setup offers a favorable 1:2 risk-to-reward ratio. 🔴 Scenario 2 – Conservative Entry: Wait for a confirmed breakout above the red resistance box. If price closes above this zone with strong volume, consider entering long with a stop below 0.00244 and the same target. 📌 Price action within the red resistance box will play a crucial role in determining whether the current uptrend continues or stalls. Failure to break above this zone decisively could lead to a short-term correction before potential continuation. 💬 Which entry strategy fits your style? Let me know below.