$NOT
๐ NOT/USDT Technical Analysis: Anticipating the Next Move! ๐
NOT/USDT is trading at $0.009053, holding steady in a tight range as traders assess key levels for potential breakout or retracement scenarios. The current setup suggests a critical decision point is approaching.
๐ Key Levels to Watch:
Support Zone: Strong support is at $0.008800, where buyers have been active, preventing further declines.
Resistance Zone: The immediate resistance is at $0.009200โa breakout above this level could target $0.009500 or higher.
๐ฏ Trading Strategy:
Buy the Dip: Look for entries near $0.008800, with a stop-loss below $0.008500, for a favorable risk-reward opportunity.
Breakout Play: Watch for a confirmed breakout above $0.009200, targeting $0.009500 and beyond.
Stop-Loss: Protect your position with stops below $0.008500 to minimize downside risk.
๐ Market Sentiment:
NOT is consolidating, suggesting a buildup of momentum. A break above $0.009200 could spark a bullish rally, while failure to hold support at $0.008800 might lead to further downside.
Whatโs your take on NOT/USDT? Let us know your thoughts and strategy in the comments below! ๐ฌ
#ETHOnTheRise #XRPReclaimsTop3 #NFTIsBack #XRPTrends #Write2Earn!