𝐓𝐡𝐞 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐨𝐟 $𝐍𝐎𝐓: 𝐀 𝐍𝐞𝐰 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐓𝐫𝐞𝐧𝐝 𝐨𝐧 𝐭𝐡𝐞 𝐇𝐨𝐫𝐢𝐳𝐨𝐧!
$NOT has caught the attention of traders, as its daily chart hints at the beginning of a promising upward trajectory. After a brief correction, the market shows signs of a potential new uptrend, signaling an exciting opportunity for those looking to capitalize on this move.
Why the Bullish Sentiment? Elliott Wave Theory suggests that we may be entering the third wave of a larger trend. Recent price actions align with this pattern, suggesting an imminent upward move after the corrective phase. Additionally, multiple demand zones have provided solid support for $NOT, demonstrating strong buying interest and reinforcing the bullish outlook.
Strategic Entry Points The current price offers an attractive entry for long positions, particularly if $NOT manages to break through key resistance levels. Watch closely for confirmation of upward momentum to make the most of this opportunity.
Risk Management and Targets Target levels have been marked on the chart, providing clear potential exit points for traders. To protect your investment, it’s advisable to place a stop-loss just below the nearest demand zone, ensuring manageable risk exposure.
As always, focus on proper risk management and capital preservation to maximize potential profits while minimizing losses. Prepare for an exciting ride as we potentially enter a strong bullish phase!
