NOTUSDT – broken faith and potential for a reversal

Notcoin(NOT) - is a Web3 gaming project launched on January 1 within the TON ecosystem. Technically, Notcoin is an application inside the Telegram messenger. The project attracted users' attention through an announced token airdrop. The developers invited users to mine tokens simply by tapping on their smartphone screens. Within a few months, the game's audience exceeded 35 million people.

📍CoinMarketCap: #170
📍Twitter(X): 2.4M
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The NOT token dropped by -94.5% following its listing and a wave of hype. Such a decline is typically accompanied by a loss of faith in its growth and potential.

🔍 What I observe:

• The price is moving within a descending channel.
  
• A reversal pattern, the "inverse head and shoulders," is forming in the current zone, with a potential upside of around ~75%.
  
• The key point is a breakout above the outer resistance of the channel.
  

The token has high liquidity.
NOT is traded on all major exchanges, including the top-tier ones.
It has excellent access to marketing and PR, which is important for pump scenarios.

💭 All key levels, possible scenarios, and targets are marked on the chart. Take them into account when building your own strategy.

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📌 Not financial advice. Personal view and experience.