$NOT
/USDT: Exploring the Support Zone for Potential ReversalđđđŻ
Current Price: $0.007468
24h Change: -4.83%
24h Range: $0.007352 - $0.007935
24h Volume: 2.66B NOT / 20.32M USDT
Technical Snapshot đ
1. Trend:
Bearish with a -4.83% drop in the last 24 hours, indicating selling pressure.
Price is testing the lower range near $0.007468, with $0.007352 as the immediate support level.
2. Key Support:
$0.00735 (recent low)
$0.00700 (strong support level)
3. Key Resistance:
$0.00760 (immediate resistance)
$0.00790 (24h high)
4. Indicators:
RSI: 38 (Oversold, potential for a bounce)
MACD: Bearish, signaling continued downward momentum.
Volume: Moderate, indicating potential consolidation.
Trade Strategy đŻ
Entry Zone: $0.00735 - $0.00745 (Look for stabilization near support)
Stop-Loss: $0.00700 (Manage risk)
Target Levels đ
1. đŻ Target 1: $0.00760 â Immediate resistance zone
2. đŻ Target 2: $0.00780 â Next resistance zone
3. đŻ Target 3: $0.00800 â Extended target for potential recovery
Trade Tip:
With the RSI nearing oversold levels, watch for reversal signals such as candlestick patterns or increased volume to confirm a potential bounce from support.
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