$NOT
/USDT Technical Analysis & Trade Strategy 🎯
1. Current Price & Market Data
Current Price: $0.007896
24h High: $0.008265
24h Low: $0.007704
24h Volume (NOT): 2.03B
24h Volume (USDT): 16.13M
24h Change: -3.06% (moderate pullback)
2. Indicators & Support/Resistance
Support: $0.00770 (recent low, key support zone)
Resistance: $0.00800 (previous high, psychological resistance)
MACD (1h): Bearish, indicating a continuation of the current downtrend.
RSI (1h): 45, showing neutral conditions, leaning toward oversold.
3. Trade Setup
Entry Zone: $0.00770 - $0.00790 (near support or during consolidation)
Stop-Loss: $0.00750 (below key support level)
4. Target Levels 🎯
1. Target 1: $0.00800 (resistance, short-term reversal potential)
2. Target 2: $0.00810 (next resistance level)
3. Target 3: $0.00830 (strong resistance, breakout zone)
Trade Strategy
1. Entry: Enter near $0.00770 - $0.00790 to capitalize on potential support bounce.
2. Stop-Loss: Set stop-loss at $0.00750 to manage risk.
3. Profit-Taking: Consider taking partial profits at $0.00800 and $0.00810, then hold for $0.00830 if bullish momentum picks up.
Risk-Reward:
Risk: $0.15 (Entry: $0.00790, Stop-Loss: $0.00750)
Reward:
Target 1: $0.10
Target 2: $0.20
Target 3: $0.40
Conclusion
This setup provides a 1:2 risk-reward ratio with potential for a short-term reversal near support. Watch for confirmation through volume and RSI before entering the trade.
