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$NOT Currency Recommendations
1. Technical indicators:
Moving Averages (MA):
MA(7): 0.006280 (๐ Short-term signal).
MA(25): 0.006326 (โ๏ธ Medium term signal).
MA(99): 0.006339 (๐๏ธ Long term signal).
The current price (0.006302) is very close to all moving averages, indicating a weak trend and increased potential for volatility (๐).
Relative Strength Index (RSI):
RSI(6): 52.65 (๐).
The value is in a neutral range, meaning the market is currently balanced between sellers and buyers (๐). $NOT
MACD:
DIF: -0.000005.
DEA: 0.000004.
MACD: -0.000009.
The indicator is showing a weak crossover in the negative territory, indicating weak current momentum (โ ๏ธ).
Stochastic RSI:
%K: 43.12.
%D: 33.38.
The indicator is in the lower range, indicating a possible bullish bounce in the near term (๐).
Wm%R:
Value: -54.77.
The indicator is in a neutral zone, which reinforces the idea of โโโโa lack of clarity in the general direction (โ๏ธ).
2. Technical analysis:
Support:
First support: 0.006193 (๐ก๏ธ).
Second support: 0.006035 (๐ก๏ธ).
Resistance:
First resistance: 0.006339 (๐ง).
Second resistance: 0.006458 (๐ฏ).
3. Expected objectives:
Ascension scenario (๐):
If the price manages to break the resistance at 0.006339 steadily, the next target will be 0.006450 (๐ฏ).
If the upward momentum increases, it may reach 0.006700 in the short term (๐).
Landing scenario (๐):
If the support at 0.006193 is broken, we may see a drop towards 0.006035 (โ ๏ธ).
Continued decline may push the price to 0.005900 (๐).
4. Recommendations:
Short term (๐): Follow the break of resistance levels at 0.006339 for short term buying.
For Investors (๐ฐ): Wait for the price to reach strong support levels like 0.006035 to buy and hold.
๐ Caution: The market is in a volatile phase, and it is preferable to wait until clear signals appear. $NOT
๐ Opportunity: A bounce from key support levels or a breakout of resistance may provide a good opportunity (๐ฅ).