$NOT

NOT/USDT Analysis – Preparing for the Next Move

NOT is currently trading at $0.006240, showing signs of consolidation as it approaches key technical levels. Here's the detailed analysis:

🔹 Support Levels:

Immediate support is found at $0.006000, a crucial zone for buyers to defend.

A stronger support level exists at $0.005800, which could act as a safety net in case of increased selling pressure.

🔹 Resistance Levels:

The first resistance is at $0.006500, a breakout above which could lead to further upside momentum.

Major resistance lies at $0.006800, a critical level to watch for trend continuation.

💡 Entry Strategy:

Bullish Setup: Look for entries above $0.006500, targeting $0.006800 and potentially $0.007000. Place a stop-loss at $0.006100 to manage downside risk.

Bearish Setup: Consider short positions if the price breaks below $0.006000, aiming for $0.005800 and lower levels, with a stop-loss near $0.006300.

📊 Technical Indicators:

The RSI is hovering near the midline, indicating the possibility of a breakout or breakdown soon.

MACD shows potential bullish divergence, signaling upward momentum if confirmed.

NOT/USDT is in a decisive phase, with a breakout or breakdown likely to set the tone for its next move. Traders should stay alert and capitalize on the opportunities with a disciplined risk-reward approach.

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