How long the $NOT will go #bullish ?? 👀

A detailed explanation and prediction based on the given data:

Explanation:

1. Price Information:

- Current Price: 0.024725 USDT

- Price in INR: ₹6.88, showing an increase of 11.39%.

- 24h High: 0.026635 USDT

- 24h Low: 0.021295 USDT

- 24h Volume (NOT): 43.70 billion

- 24h Volume (USDT): 1.05 billion

2. Chart Analysis:

- Time Frame: 30 minutes

- The price has experienced a recent uptrend, as seen from the low of 0.021295 USDT to a high of 0.026635 USDT.

- The price has slightly corrected and is now at 0.024725 USDT.

3. Technical Indicators:

- Volume: Significant trading activity with a volume of 120,201,410.

- Moving Averages (MA): MA(5) is 611,954,517, and MA(10) is 712,625,763, indicating short-term and long-term trends.

- RSI (Relative Strength Index): RSI is at 63.609257, which suggests the asset is approaching overbought conditions.

4. Order Book:

- Bid: 57.65%

- Ask: 42.35%

- This indicates a higher buying interest.

#Prediction

Given the current data:

- Short-Term: The asset might continue its upward trend due to strong buying interest, as indicated by the order book and positive price movement.

- Medium-Term: Watch for potential resistance near the recent high (0.026635 USDT). If the RSI continues to rise towards 70, there might be a correction.

- Long-Term: The trend depends on broader market conditions and continued trading volume. If the bullish sentiment persists, it could break the recent high; otherwise, it may consolidate.

#Attention

For trading decisions, closely monitor the volume and RSI for any signs of reversal or continuation of the trend.

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