Asset analysis#NOT🌟📉📈
$NOT $WIF $PEPE
The NOT asset shows interesting movements on the chart. 📊 Let's look at the main points.
Ascending Triangle 📐
The chart forms an ascending triangle, which often indicates a continuation of the trend. The upper border of the triangle is now at 0.036799, which could become an important resistance level. 📏Support and resistance 📉📈
Support levels are at 0.014801 and 0.013559. Breaking down these levels could mean a further price decline. On the other hand, an upward break above the resistance level at 0.036799 could open the way to growth. 📊Trade volume 📊
The trading volume of 858.737M shows high activity of traders, which confirms the significance of current levels. 🌐Indicator 🔍
Moving averages (MA) show mixed signals:AND (7) = 0.015290
AND (25) = 0.014701
AND (99) = 0.016613
AND (99) = 0.003342
The SAR indicator = 0.013559 indicates a possible further downward movement. 🛑
Upside and Downside Potential 📈📉
According to the current analysis, a possible increase to the level of 0.036799 (128.57% of the current price). Possible decrease to the level of 0.004852 (-63.94% of the current price). These levels indicate possible scenarios for price movement depending on the direction of breaking through the triangle. 📊
Conclusion
The NOT asset is in an interesting phase of forming an ascending triangle pattern. Traders should closely monitor support and resistance levels to make decisions about entering or exiting a position. 🌐
Recommended: Be careful and monitor changes in trading volume and indicators to promptly respond to changes in the market. 📈📉