Notcoin Price Drops Below $0.02 After Descending Triangle Breakdown Amid Crypto Market Downturn

Now NOT looks set to drop further and the next immediate support lies at the Fair value gap marked on our chart.The 4-hour RSI is at 36 which is close to an oversold reading, a drop from an extremely overbought region where the bulls had driven the 4-hour RSI to 93 on June 2nd. By the time price drops to our next point of interest, RSI might have dropped to an oversold region and this too will act as a catalyst for a bullish rebound. The MACD is also bearish and shows an extended bearish momentum with the MACD line below the signal line, and the histogram is also bearish as it is below the zero mark lineFurther $NOT price movement will likely depend on the  crypto market’s general sentiment

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