$NOT tests wick support as buyers press for a reclaim above 0.00079 📍
Entry: 0.00079 🔥
The latest candle structure suggests a classic liquidity sweep and wick rejection, with demand stepping in after downside extension failed to hold. The market is now focused on whether $NOT can convert 0.00079 from overhead supply into support, a level that would confirm a cleaner shift in short-term order flow.
My read is that this is less about momentum chasing and more about positioning. Retail tends to front-run the move after the wick, but the more important signal is whether size comes in on the reclaim and absorbs any residual sell-side liquidity. If that happens, the tape can rotate higher quickly; if not, the move remains a mean-reversion bounce inside a broader range.
Not financial advice. Digital assets carry elevated volatility and structural risk.
#NOT #CryptoTrading #Altcoins #MarketUpdate
