$NOT 's in a slump, down 2% in the last 24 hours to $0.0109. The coin's got a bearish bias, with only 39.33% of days closing in the green. What's more, we're seeing a significant pullback from the recent high of $0.0238, set just two months ago - that's a 54.03% drop. The trend is clearly bearish, and I'm waiting for a convincing reversal signal before considering a long position.
The NOT market needs to prove itself, and until then, I'm staying cautious. A breakout above resistance could change my mind, but for now, I'm watching and waiting. The selling pressure is still dominant, and I don't want to get caught in a falling knife. I need to see some serious buying pressure to indicate a trend reversal. Until then, I'm on the sidelines.
