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$NOT Technical Analysis, Commentary and Forecast 🔍
### Technical Observations
- **Price Information:**
- **Current Price:** 0.018944 USDT
- **24-Hour High:** 0.019568 USDT
- **24-Hour Low:** 0.017131 USDT
### Indicator Comments 📊
- **Bollinger Bands:** A stable price movement near the middle band.
- **MACD:** In the negative zone, downtrend signal.
- **Stochastic RSI:** Near the oversold zone, a sign of potential recovery.
- **RSI:** Possibility of a supported recovery close to the oversold zone.
### Market Dynamics 📉
- **Volume and Trading Data:** There may be volatility in the market with high transaction volume.
- **Money Flow:** Negative money flow is observed, dominated by large sales.
### Short Term Forecast 🕒
- **Oversold Condition:** As long as it remains above the current support level of 0.017131 USDT, it is possible for the price to recover towards the resistance level of 0.020679 USDT.
### General Comment 📝
There is potential for a recovery in the short term for the
$NOT pair, but investors need to be careful as the selling force is still dominant in the market. It is important to do thorough research before every investment decision.
❗️This analysis is based on technical indicators and current market data. It is definitely not investment advice.
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