Technical Analysis Report: $NOT /USDT

The trading chart for $NOT /USDT reveals a significant uptrend, with a recent price surge to $0.010658, marking a 24-hour high. This bullish behavior has pushed the price up by 23.47%, indicating strong buyer interest. Currently, the price stands at $0.010575, slightly below the day's peak but still holding strong gains.

The immediate resistance is at the day’s high of $0.010658. A push beyond this level could encourage further buying, potentially testing higher psychological resistances such as $0.011 or $0.012. The support is found at the recent low of $0.008329. This support level is crucial for maintaining the upward trajectory; a break below could lead to a retest of lower levels, possibly down to $0.007.

Investors might consider entering long positions if the price breaks and holds above $0.010658, aiming for higher targets while maintaining tight stop-losses to protect against sudden reversals. On the flip side, a strategy for shorts would be prudent if the price falls below the support level, with potential targets lower. Always consider the volatility and liquidity of the asset when planning trade sizes and exits.

$NOT #NotcoinđŸ‘€đŸ”„ #Notcoinnews #BinanceLaunchpoolHMSTR #CATIonBinance #NeiroOnBinance