$NOT
Current Price: 0.007999 USD
NOT showing signs of accumulation, as it is consolidating near a key support area, laying the groundwork for a potential bullish breakout. As market sentiment turns positive, the price may soon break upward, providing profit opportunities for traders.
📈 Key Levels to Watch:
Immediate Resistance Level: 0.008800 USD - Breaking this resistance may not push the price up to 0.009000 USD and 0.010000 USD.
Key Support Level: 0.007600 USD - A critical level that bulls need to defend. If this support fails, we may see the price drop to 0.007200 USD.
🎯 Entry Strategy:
Breakout Traders: Watch for confirmation of a breakout above 0.008500 USD, targeting 0.009000 USD and 0.010000 USD. Volume confirmation will be key to ensuring the strength of the breakout.
Pullback Traders: Consider entering near 0.007500 USD, setting a stop loss below 0.007200 USD for risk management.
🔍 What's Next?
NOT in a consolidation phase, but a breakout above 0.008500 USD may trigger the next wave of upward momentum. Keep an eye on volume spikes and confirmation of the breakout to catch the next move.
Not preparing for a potential breakout - will the bulls take control and push it higher? Stay tuned for the next steps! 🚀📈