$NOT
/USDT – Consolidating Gains for Potential Breakout 🚀
Current Data:
Price: $0.007881
24h High: $0.008097
24h Low: $0.007673
24h Change: +0.60%
24h Volume:
NOT: 2.57B
USDT: 20.18M
Technical Analysis 🔍:
Trend: The price has been consolidating, with slight upward movement. The market is currently in a phase of accumulation, showing a potential for breakout.
Support: $0.007673 – Strong support around the daily low, providing a solid base for price.
Resistance: $0.008097 – Recent high, a key level that price needs to break for the next leg up.
Momentum: Mild bullish momentum, as indicated by the slow climb in price and volume.
Volume: Low volume compared to previous highs, signaling a potential breakout if volume picks up.
Trade Strategy 🚀:
Entry Zone 📍:
Buy Zone: Enter near $0.00788 - $0.00790, as this level is showing minor support.
Target Keys 🎯:
1. $0.00810 – Breakout above the 24h high, with a potential price target.
2. $0.00830 – Secondary target if price continues to build momentum.
3. $0.00850 – Extended target, if breakout continues with increased buying pressure.
Stop-Loss 🚨:
Conservative Stop-Loss: $0.00755 – Below the support level to avoid losses if the price dips.
Aggressive Stop-Loss: $0.00760 – For tighter risk management.
Trade Setup ⚙️:
Confirmation Needed: Watch for a breakout above $0.00810 with increased volume to confirm bullish momentum.
Indicators to Watch:
MACD: A bullish crossover would confirm the continuation of upward movement.
RSI: Look for RSI to stay above 50, indicating continued bullishness.
Volume: Pay attention to rising volume during price moves upward.
Execution Plan 🎯:
1. Buy: Enter near $0.00788 - $0.00790 to capture the breakout.
2. Take Profit:
First target at $0.00810
Second target at $0.00830
Extended target at $0.00850 if momentum strengthens.
3. Stop-Loss: Set at $0.00755 for conservative protection or $0.00760 for tighter risk management.
