$NOT

NOT/USDT: Price Analysis & December Forecast

As of December 3rd, 2024, NOT/USDT is trading at $0.008793, showing a modest increase of +2.54% in the last 24 hours. The 6-hour chart reveals a pattern of consolidation with the price hovering around the middle Bollinger Band, suggesting a period of reduced volatility after a recent peak at $0.010658.

The 24-hour trading volume is robust, with 7.70B NOT tokens traded, indicating strong interest. However, the price has tested both support near $0.0081 and resistance at $0.009 multiple times, hinting at a breakout potential.

For mid-December (15-16), based on current technicals and Bollinger Band trends, a possible upward price movement could emerge if buying pressure sustains, with a target range between $0.0091 and $0.0095. Traders should watch for increased volatility near these resistance levels and monitor trading volumes for confirmation.