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$NOT Currency Recommendations
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1. Current price and performance 🔎
Current price: 0.007395 USDT
Decrease in 24 hours: -5.86% 📉
Highest price in 24 hours: 0.007258
Lowest price in 24 hours: 0.006156
🔍 Analysis:
The currency is trading in a clear downtrend with continued selling pressure pushing the price down by 5.86%. The low at 0.006156 could represent a potential support level.
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2. Moving Averages (MA) 📈
MA(7): 0.007367
MA(25): 0.007532
MA(99): 0.007829
🔍 Analysis $NOT :
The current price of 0.007395 is below the MA(25) and MA(99), confirming the downtrend.
The short-term moving average MA(7) is below MA(25) and MA(99), which is a negative signal.
The closest resistance is currently at 0.007532, followed by 0.007829.
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3. Relative Strength Index (RSI) 🔄
RSI(6): 45.80
🔍 Analysis:
RSI value is below 50, indicating weak buying momentum and sellers in control.
Not approaching oversold levels (below 30) indicates that the market may witness further decline.
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4. Stochastic Indicator (K/D/J) 🚦
K: 49.98
D: 40.13
J: 69.67
🔍 Analysis:
A bullish crossover between K and D, with J rising, indicates weak attempts to regain some buying momentum.
The indicator is close to mid-range levels (50), reflecting a volatility in the trend.
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5. MACD Indicator 📉
DIF: -0.000102
DEA: -0.000101
MACD: 0.000007
🔍 Analysis:
MACD indicator reflects weakness in the trend with relative stability in the downside:
DIF and DEA are very close to each other.
The positive value of MACD (0.000007) is small and not enough to reverse the trend.
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6. Williams Indicator (Wm %R) 📊
Wm %R(14): -61.73
🔍 Analysis:
The indicator is in a negative range at -61.73, which means there is moderate selling pressure.
It has not reached the oversold areas (-80), which means that the decline is likely to continue.
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7. Volume Indicator (VOL) 🔥
Volume in 24 hours: 20.86M
5-day moving average (MA5): 63.58M
10-day moving average (MA10): 81.38M
🔍 Analysis:
The current trading volume is very low compared to the averages (5 and 10 days), reflecting weak investor interest and insufficient liquidity.
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8. Support and resistance points 📍
First support: 0.006156 (recent low).
First resistance: 0.007532 (MA25).
Second resistance: 0.007829 (MA99).
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General summary 📌
1. Current trend: Clearly bearish 📉, with resistance at 0.007532.
2. Liquidity: Low, indicating low interest from traders.
3. Technical indicators:
RSI at 45.8 indicates sellers are in control.
MACD and Wm %R reflect continued bearish momentum.
4. Recommendation $NOT :
Support level monitoring
0.006156 as a potential bounce area.
Waiting for a break of the resistance 0.007532 to give positive entry signals.
Avoid buying until volume increases or strong reversal signals appear. 🚫