🔴 $NOT REPUTATION 🔴
Burning Event Impact
Recently, 14 billion NOT coins were transferred to a new address, which closely checked the burning address. This suggests a plan to burn the entire supply of these coins. Here’s a breakdown of the key details:
Current Market Data
Price Range: $0.01460762 to $0.01473Market Capitalization: $1.50 billion24-Hour Trading Volume: $361,236,613Circulating Supply: 102.70 billion NOT coinsMaximum Supply: 102.72 billion NOT coinsMarket Rank: 64 by market capitalization
Technical Overview
Support Levels: Key support at $0.01460 and $0.01473Resistance Levels: Immediate resistance at $0.01600, followed by a stronger resistance at $0.01750
Market Sentiment
Bullish Potential: The burning event, combined with a potential Bitcoin upswing, could create a bullish scenario for NOT.Volume Indicator: High trading volume suggests significant market interest and activity.
Trading Strategy
Short-term Trade: Enter a position around the current support level of $0.01460 with a target to sell at the next resistance level of $0.01600.Stop-Loss: Set a stop-loss order below $0.01450 to manage potential downside risk.Long-term Hold: Given the burning event, consider holding a portion of your investment for potential long-term gains.
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