Technical analysis by CryptoNuclear about Symbol NOT: Buy recommendation (8/22/2025)

Currently, NOT/USDT is trading at a decisive point after a long downtrend. The chart clearly forms a Descending Triangle, a classic pattern that often signals bearish continuation, but under certain conditions can turn into a bullish reversal if a strong breakout occurs. --- 🔎 Pattern & Context Main Pattern: Descending Triangle (consistent lower highs + strong horizontal support). Support Zone: 0.0016 – 0.0019 (yellow box). This zone has been tested multiple times, showing buyers are still defending it. Previous Trend: Strong bearish trend → favors breakdown, but reversal potential remains if bulls manage to break above the descending trendline. Momentum: Price is being squeezed at the apex of the triangle → a major move is likely imminent. --- 🟢 Bullish Scenario (Upside Breakout) If price successfully breaks above the descending trendline with a 2D close + strong volume, a reversal setup will be triggered. 🎯 Bullish Targets: First target: 0.002356 (nearest resistance). Next targets: 0.003118 → 0.005822. If strong momentum continues → potential extension toward 0.0093 – 0.0163 (resistance levels shown on chart). 📌 Validation: Breakout + successful retest of the trendline (turning into new support) increases bullish probability. --- 🔴 Bearish Scenario (Downside Breakdown) If price fails to hold the 0.0016 – 0.0019 support zone, the descending triangle plays out as a bearish continuation pattern. 🎯 Bearish Targets: Initial target: 0.0010 (previous major low). If selling pressure accelerates → potential formation of new lows below 0.0010. 📌 Validation: 2D candle close below 0.0016 with strong volume + failed retest = confirmed breakdown. --- 📌 Conclusion & Key Notes 0.0016 – 0.0019 is the key decision zone. Holding it opens the door for a bullish reversal, while breaking it signals continuation of the downtrend. A major move is approaching as price gets compressed at the triangle’s apex. Watch out for false breakouts / breakdowns → always wait for volume confirmation. Strict risk management is crucial, especially for low-cap coins with high volatility and manipulation risks. #NOT #NOTUSDT #Crypto #Altcoin #PriceAction #TechnicalAnalysis #DescendingTriangle #Breakout #Bearish #Bullish