$NOT Long 🚀🚀🟢🟢

Idea (4H Chart)

▶️ Entry Zone: 0.01270 - 0.01310

🛑 Stop Loss: 0.01250

🎯 Take Profit 1: 0.01358 (24h High)

🎯 Take Profit 2: 0.01400

$NOT

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Analysis:

* Price is currently below EMA(25) and EMA(99), but just below EMA(7), indicating a bearish trend with potential short-term reversal.

* Recent price action shows consolidation after a downtrend, potentially forming a base for a reversal.

* RSI(14) at 44.88383 is approaching oversold territory, suggesting potential for an upward move.

* MACD is slightly positive and showing signs of a potential bullish crossover.

* 24h gain of 1.25% with high volume (5.67B NOT) indicates increasing market interest.

NOT/USDT is showing signs of potential reversal after a period of downtrend. The current price level near the EMA(7) could serve as a good entry point for a long position if bullish momentum builds. However, traders should be cautious of the overall bearish trend and wait for confirmation of reversal.

Caution:

* Cryptocurrency markets are highly volatile.

* Use appropriate position sizing and risk management strategies.

* Monitor overall market conditions and NOT-specific news for potential impacts.

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