What do we have for $NOT ?
Price and movement:
• Current price: 0.0079 USDT, down 1.74% in a day.
• Price has fallen 21.22% in the last 7 days, which may indicate a continuation of the downtrend.
Indicators:
• RSI: The level is around 45, which indicates a neutral zone, without obvious oversold or overbought conditions.
• Volumes: Low trading volume has been noted in recent days, which may indicate a decrease in traders' interest.
• MACD: The histogram indicates a weak downtrend, as the signal lines are close to each other, without clear dynamics.
Support and resistance levels:
• Resistance: 0.0084 USDT - the price has failed to overcome this mark several times.
• Support: 0.0077 USDT - the lows of recent days.
Forecast:
• Short-term: Possible test of the support level at 0.0077 USDT. If the price holds, a slight increase to the resistance at 0.0084 USDT is possible. In case of a downward breakout, a further decline to 0.0075 USDT.
• Medium-term: Given the weak volumes and negative trend, further consolidation or a price decline is likely.
Recommendation: for now, the “waiting” strategy looks more suitable.