NOTcoin Explodes Past$0.00197   Resistance — Can It Rally to $0.00404?

NOT breaks long-term trendline near $0.00197, showing potential reversal signs.

Technical indicators are positive with a bullish MACD and RSI near 70.

Market cap rose to $195M, showing growing investor interest and accumulation.

NOT is showing signs of a powerful breakout, surging past a key resistance at $0.00198. With strong volume and a 12.6% weekly gain, buyers are stepping in, setting the stage for a potential bullish rally.

Trendline Breakout Signals Shift in Sentiment

After months of bearish pressure, Not coin (NOT) is flashing a strong reversal signal. The token, once capped by a descending trendline since late 2024, has finally breached this critical resistance.

According to data from ZAYK Charts, the breakout occurred near the $0.00197 mark — an area that had previously rejected several rally attempts.

Daily candles now show sustained movement above the trendline, supported by a 1.03% 24-hour price increase and a 12.62% gain over the past 7 days. The breakout is gaining traction, especially as the trading volume surged past $15.6 million during the move

With the breakout level acting as a base, analysts are eyeing a potential target of $0.00404 — a projected gain of 105.99% from the breakout zone.

Indicators Confirm Growing Bullish Momentum

Technical indicators further strengthen the bullish case. The 4-hour NOT/USDT chart shows a clear breakout above a multi-week descending trendline. The MACD line pushing above the signal line — a classic indicator of a shift in momentum.

The RSI is at 68.39,nearing overbought territory indicating strong buying pressure.This level shows that bulls are firmly in control.A slight pullback could still happen, but the overall trend is leaning bullish — especially if trading volume stays strong.

In the short term, $0.0022 is the next hurdle. A solid break above it could pave the way toward $0.00404.On the downside, failure to hold above the breakout zone could lead to renewed consolidation.

Market Cap Growth Shows Confidence

NOT coin market capitalization has shown a clear upward trajectory, rising from $165 million to over $195 million between September 2 to 8.The consistent climb reflects investor confidence and accumulation.

Data from CoinMarketCap shows higher highs and higher lows throughout the week — a textbook indicator of a strong uptrend. Sharp moves on September 4 and 7 suggest new capital entering the market, potentially driven by bullish technical sentiment and the growing use case of the token on the TON blockchain.

Source: CoinMarketCap

Originally a tap-to-earn game within Telegram, Not coin has evolved into a bridge between casual engagement and token ownership. Its growth story — from in-app rewards to on-chain liquidity — adds a fundamental layer to its technical strength.

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