Support at $0.0131: Can NOT Coin Hold the Key Line?
NOT Technical Analysis Report
NOT has had an interesting recent trend. Over the past month, the price has fallen by 12%
Key price points to note for this coin: support at $0.0131 and resistance at $0.01390. If the price falls below the $0.0129 bottom, it may continue to fall. The 50-day moving average is now above the 200-day moving average, which means the market is bullish overall.
Let's look at another indicator. The RSI is now 65, which means that the coin is almost overbought, but there is still room for growth. The trading volume has recently decreased by 30%, which in turn indicates that investors are more interested and the market is more liquid.
The MACD indicator also gives us a bullish signal. The MACD line is above the signal line and the histogram is positive. The price rebounded from the 37% Fibonacci retracement level, which is also a signal for the rise.
The current trading price of this coin is above the Bollinger Bands. It may consolidate in the short term, but the overall sentiment is still very positive. Investors should be careful of price fluctuations and pay more attention to market conditions, just in case.
Although NOT has fallen recently, many indicators show that the bullish trend has not changed, which is worth paying attention to. Those who want to short, be careful!
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