this is the MOST COMPLETED ANALYSIS on #NOT !

#NOT
lets start from the begining !
1) we had a nice rising spike which has some liq in its small correction

2) after that the first demand zone was touched it could be the first wave down or a subwave for the first bearish wave

3) the second demand zone was touched and it was the real 1st bearish wave and the rising after that was the 2nd bearish wave

4) we had another demand zone at the bottom of the first rising spike when the market went down to touch this demand zone made an ABC pattern , the whole pattern made the 3rd wave

5) the market made a good rise this was our 4th wave

6) after the 4th wave , now the market is making an ABC structure to make the last wave , 5th wave , in this structure wave A and B are made now we are waiting for wave C to be made


this was the whole elliot waves and technical analysis for notcoin
as a fundamental for not coin :
Notcoin (NOT) has recently experienced significant developments in the cryptocurrency market. In June 2024, following its listing on Binance, Notcoin's value surged, reaching an all-time high. However, it subsequently declined by approximately 39%, trading at $0.0166, reflecting the volatile nature of the crypto market.

In August 2024, the arrest of Telegram's founder, Pavel Durov, in Paris on multiple criminal charges, including allegations related to illegal transactions and money laundering, had a profound impact on Notcoin. The token's price plummeted by 25%, dropping to $0.0086, as investor confidence was shaken.

Despite these challenges, Notcoin's trading volume exceeded $1 billion, marking one of the largest gaming token launches of 2024. The token's market capitalization reached approximately $776 million, with a total supply of 102.7 billion tokens minted at inception.

Analysts observe that Notcoin is currently near a critical support level, with technical indicators suggesting a potential bullish reversal if it maintains above this threshold. The formation of a falling wedge pattern indicates the possibility of a trend reversal, with target estimates potentially reaching up to $0.018.

The cryptocurrency market remains highly volatile, and Notcoin's future performance will depend on various factors, including legal developments and market sentiment. Investors are advised to monitor the situation closely and exercise caution in their investment decisions.