I just closed my $NOT position at 0.0073, hitting my target perfectly. Now, I'm reviewing the market and planning my next move.
If NOT drops below 0.005, I’ll consider shorting again. On the other hand, if it breaks above 0.0081, I’ll go long, expecting a stronger upward move.
If NOT surpasses 0.009, I believe it could jump to 0.013, which is a potential 44% gain.
**Here’s my strategy:**
1. Wait for NOT to test support at 0.005.
2. If it breaks below, short with a target of 0.005.
3. If NOT rallies above 0.0081, go long.
4. Set a stop-loss at 0.0068.
5. Take profit at 0.013.
**Why this strategy?**
Based on my analysis of the NOT chart, the indicators show:
- RSI: In oversold territory, signaling a potential bounce.
- MACD: A bullish crossover is about to happen.
- Volume: Buying pressure is increasing.
- Market sentiment: Shifting from bearish to neutral.
**Remember:**
1. Cryptocurrency markets are highly volatile.
2. Risk management is key.
3. Adjust your positions as the market evolves.
