$NOT

/USDT: Exploring the Support Zone for Potential Reversal📈📊🎯

Current Price: $0.007468

24h Change: -4.83%

24h Range: $0.007352 - $0.007935

24h Volume: 2.66B NOT / 20.32M USDT

Technical Snapshot 📊

1. Trend:

Bearish with a -4.83% drop in the last 24 hours, indicating selling pressure.

Price is testing the lower range near $0.007468, with $0.007352 as the immediate support level.

2. Key Support:

$0.00735 (recent low)

$0.00700 (strong support level)

3. Key Resistance:

$0.00760 (immediate resistance)

$0.00790 (24h high)

4. Indicators:

RSI: 38 (Oversold, potential for a bounce)

MACD: Bearish, signaling continued downward momentum.

Volume: Moderate, indicating potential consolidation.

Trade Strategy 🎯

Entry Zone: $0.00735 - $0.00745 (Look for stabilization near support)

Stop-Loss: $0.00700 (Manage risk)

Target Levels 🚀

1. 🎯 Target 1: $0.00760 – Immediate resistance zone

2. 🎯 Target 2: $0.00780 – Next resistance zone

3. 🎯 Target 3: $0.00800 – Extended target for potential recovery

Trade Tip:

With the RSI nearing oversold levels, watch for reversal signals such as candlestick patterns or increased volume to confirm a potential bounce from support.

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