⚠️$NOT Critical Updates
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NOT has experienced a significant decline due to the recent bad news surrounding the detention of the Telegram owner, which negatively impacted TON (Telegram Open Network). As NOT is backed by $TON , its price has been affected, falling from its recent high of 0.129 to current levels.
Key Support: 0.08
A break below 0.08 could lead to a further sharp decline, potentially testing lower levels. The recent low of 0.091, plus a 10% buffer (0.10), serves as a crucial resistance level. A rebound from the current levels could face selling pressure around this resistance.
Next Support: 0.075 (a break below 0.08 could lead to a test of this level)
Next Resistance: 0.10 (recent low of 0.091 plus 10% buffer)
Entry:
- Long: Buy at 0.085 (rebound from support level)
- Short: Sell at 0.105 (rebound from resistance level)
Exit:
- Long: Target 0.095, Stop Loss 0.08
- Short: Target 0.09, Stop Loss 0.11
Time Frame: 1-4 hours
Please note that this analysis is hypothetical and should not be taken as actual investment advice.
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