The MFI indicator is at 69.36, which suggests that the asset is close to the overbought zone. Usually, the level of 70 and above indicates the possibility of a downward correction, so you need to be attentive to potential signs of a reversal.
Bollinger Bands: The price is now approaching the upper border of the bands, which may also indicate a possible slowdown in growth and the beginning of a correction. If the price goes beyond the upper border, this may indicate short-term overheating of the market.
The current price at 0.00727 USDT shows that the asset is still holding up, but a slight decline has already begun after the previous growth.
Trading volumes are average, indicating minor changes in the strength of the movement. The peak of activity may indicate attempts by market participants to lock in profits.
Conclusion:
NOT token is approaching the overbought zone according to MFI.
A short-term pullback is possible, especially if the price reaches the upper Bollinger band.
I recommend monitoring further signals from the MFI and price behavior relative to the Bollinger Bands to determine further steps.
