$NOT Technical Analysis of NOT/USDT 4-Hour Chart
Key Indicators
1. Exponential Moving Averages (EMAs)
• EMA7: 0.014890
• EMA25: 0.015289
• EMA99: 0.016381
• Analysis: Price is below EMA25 and EMA99, indicating a bearish trend. Slightly above EMA7, suggesting potential short-term bullish sentiment.
2. Stochastic RSI
• Stochastic RSI: 100 (Overbought)
• K: 57.65
• D: 50.95
• Analysis: Extremely overbought, suggesting a potential pullback or consolidation. High Stochastic RSI often precedes a price correction.
3. Volume
• Volume: 298.43M
• Volume MA5: 1.237B
• Volume MA10: 1.685B
• Analysis: Recent volume below moving averages indicates decreasing market participation and potential weakening of the current trend.
4. MACD
• DIF: -0.000594
• DEA: -0.000602
• MACD Histogram: 0.000166
• Analysis: MACD line slightly above the signal line, indicating weak bullish momentum.
5. RSI
• RSI(6): 60.61
• RSI(12): 48.04
• RSI(24): 43.65
• Analysis: Neutral to slightly overbought conditions. Monitoring for a move above 50 could indicate potential bullish recovery.
6. On-Balance Volume (OBV)
• OBV: 130.37B
• Analysis: OBV trending upwards, indicating increasing buying pressure.
Summary
• Market Sentiment: Mixed sentiment. Stochastic RSI indicates overbought conditions, suggesting caution. MACD and OBV show weak bullish tendencies.
• Moving Averages: Price below longer-term EMAs (EMA25 and EMA99) indicates a bearish trend. Slight rise above EMA7 suggests potential short-term bullish sentiment.
• Volume: Decreasing market participation as indicated by volume below moving averages.
• MACD: Weak bullish momentum, indicating caution.
• RSI: Neutral to slightly overbought conditions. Monitoring for a move above 50 for potential recovery.
• Stochastic RSI: Extremely overbought, suggesting potential pullback or consolidation.