$NOT /USDT Trading Signal - Gradual Recovery in Progress
Current Price: $0.005959 (+4.86%)
Key Metrics:
24H High: $0.006040
24H Low: $0.005603
Market Overview:
NOT is showing signs of recovery after testing recent lows. The price has formed a higher low at $0.005603, suggesting a potential continuation of the uptrend if resistance at $0.006040 is broken.
Key Levels:
Resistance: $0.006040 | $0.006200
Support: $0.005800 | $0.005600
Analysis:
NOT is trading above its short-term moving averages, signaling bullish momentum. However, a strong breakout above $0.006040 is needed for further upside potential. If rejected, it may retest support levels.
Trade Idea:
Entry Zone: $0.005900 - $0.006000
Targets: $0.006100 | $0.006200
Stop-Loss: $0.005700
Observation:
Monitor for increased volume and a close above $0.006040 to confirm the continuation. Tight stop-losses are recommended given market volatility.
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