$NOT Technical Analysis
Ranked 52nd with a market cap of $1,956.22M, has shown intriguing movements since its launch on May 16, 2024. Initially a viral Telegram game, it has gained substantial traction in the Web3 space.
15-Minute Chart Analysis
A detailed view of recent price action, with frequent support and resistance levels showing short-term trading opportunities. Bollinger Bands indicate consolidation with decreased volatility. ATR patterns suggest stabilization after early June's high volatility.
1-Hour Chart Analysis
A significant upward trend from late May, peaking at $0.0289 on June 2. Frequent RSI fluctuations indicate high volatility. The MACD reveals bullish momentum periods, especially late May. Expanded Bollinger Bands during the surge signal high volatility.
4-Hour Chart Analysis
The 4-hour chart supports the 1-hour chart's bullish trend but shows a bearish divergence in RSI post-June 1, suggesting potential downward pressure. The MACD indicates weakening bullish momentum after June 2. Volume spikes correlate with price surges, highlighting trading activity's impact.
Daily Chart Analysis
A sustained uptrend from launch, peaking in early June. The RSI's extended overbought period reinforces bullish sentiment. Positive MACD divergence corroborates this uptrend, though the histogram hints at a cooling-off phase. Volume spikes confirm increased investor interest.
Weekly Chart Analysis
A strong upward trajectory from mid-May to early June. The RSI's stable rise stays within healthy bounds. The MACD's continued rise, with a strong bullish histogram, indicates robust momentum. Volume spikes align with key price movements, emphasizing market participation's role.
Conclusion
A largely bullish outlook with some volatility. Short-term charts hint at possible consolidation or correction, but the overall trend remains positive, supported by strong volumes and momentum. Key support is around $0.010, with resistance near $0.0289.
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