#Probably you saw $NOT bursting yesterday to
0.0062 then going down fast to earlier price points
As i told you before $NOT is still in its early phases with very high potential but still DYOR as always
Look at this analysis and decide yourself
Will give you hints about entry points and stop loss if you decide to long it. Just be careful and stay away from high leverage and base it on your capital
Don't go higher than 2% of your capital
### 1. **Price Action and Support/Resistance**
- The price of NOTUSDT is currently 0.0055191.
- The recent low is around 0.0050794, which acts as a support level.
- Resistance is observed near 0.0057049.
### 2. **Relative Strength Index (RSI)**
- RSI(6): 36.5975686
- RSI(14): 44.7980573
- RSI(24): 45.6501575
RSI values below 30 typically indicate an oversold condition, while values above 70 indicate an overbought condition. Current RSI values suggest that the market is neither strongly oversold nor overbought.
### 3. **Moving Average Convergence Divergence (MACD)**
- MACD Line: -0.0000202
- Signal Line (DEA): 0.0000067
- Histogram: Slightly negative, indicating potential bearish momentum.
### 4. **KDJ Indicator (Stochastic)**
- K: 20.9265707
- D: 20.166398
- J: 22.4470324
Values below 20 in KDJ often indicate an oversold condition. The KDJ values suggest a potential reversal point might be approaching soon.
### 5. **Parabolic SAR**
- The parabolic SAR dots are currently above the price, indicating a bearish trend.
Suggested Entry Strategy
Potential Entry Point:
Entry Price : 0.0055191
Tp1 : 0.00575
Tp2: 0.00599
Stop loss :0.0050500
Remember, no trading strategy guarantees success. Always use proper risk management techniques and adjust based on real-time market conditions.
