$NOT

🚀 NOT/USDT Technical Analysis: Key Levels to Watch

The current price of NOT/USDT stands at 0.006825. Let’s break down the chart and see where the opportunities lie for traders!

🔑 Support Level: The key support for NOT/USDT is around 0.0065. This level has shown strong buying interest in the past and could provide a solid entry point for long positions if price retraces.

📈 Resistance Level: On the upside, the resistance is around 0.0072. A breakout above this level, coupled with increased volume, could signal a bullish move towards the next resistance at 0.0075.

💡 Entry Strategy:

Long Trade: Consider entering a long position if the price bounces from 0.0065 with strong bullish momentum. Target 0.0072 as an initial take-profit zone.

Short Trade: If the price struggles to break above 0.0072 and starts to reverse, a short position targeting the 0.0065 support could be viable.

🔒 Risk Management:

For long positions, use a stop-loss just below 0.0065 to limit losses if the support breaks.

For shorts, set a stop-loss above 0.0072 to manage risk if the resistance level fails.

With clear support and resistance levels, NOT/USDT is offering a compelling trading opportunity. Monitor the market closely and trade with strategy on Binance! 📊💼

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