🚀🚀 NOT/USDT trading at $0.008031, here's a technical analysis with entry and exit targets, as well as risk management recommendations.

Key Levels

  1. Resistance Levels:

    • $0.008688 — The 24h high, serving as the immediate resistance. A break above could indicate continued bullish momentum.

    • $0.008785 — Higher resistance level and potential target if upward momentum holds.

  2. Support Levels:

    • $0.008031 — Current price; serves as the initial support level in the case of a minor pullback.

    • $0.007368 — Next significant support, a potential buy-in area if the price retraces.

Moving Averages:

  • MA(5): 1.09B and MA(10): 820M — Moving averages are currently higher, suggesting an overall upward trend in the short term, but monitoring these levels can help confirm trend direction.

Suggested Trading Strategy:

  • Entry Point:

    • Enter near $0.008031 if momentum continues or on a pullback near the $0.007368 support level.

  • Take Profit Levels:

    • Target 1: $0.008688, near the recent high.

    • Target 2: $0.008785 for extended gains if price action remains bullish.

  • Stop-Loss:

    • Set around $0.007368 to limit downside exposure in case of a reversal.

Volume and Volatility:

  • 24h Volume (NOT): 15.12B, and USDT Volume of 116.7M — Strong volume suggests a sustained interest and potential volatility in the short term.

Summary

This analysis focuses on entering near support, with potential profit targets at resistance levels. The high trading volume may support further price movement. Let me know if you'd like a deeper look at indicators or specific timeframes.

#Notcoin👀🔥 #NOTUSDT🚨 #NOT🔥🔥🔥 #USInflationAboveTarget #USUALonLaunchpool&Pre-Market #