NOT market dynamics hovering at the $0.008850 mark, will it hit the bottom line?
🚀NOT token is struggling to cross the key resistance level of $0.008462, but the process is full of twists and turns. TradingView data shows that since $0.007180, NOT has soared to $0.008889, an increase of 23%, which is remarkable!
📉】However, the good times are short-lived. After reaching its peak, the NOT token quickly declined and failed to stabilize the support of $0.008462 again. This repeated trend has made the market full of concerns about its subsequent performance. Will it fall into a deeper trough, even approaching the edge of zero?
📈On the daily chart, although NOT showed four consecutive days of positive, reaching the high of September 9, it then showed fatigue and the upward momentum weakened. Although the bulls have been dominant, the ADX value of 22.7492 reveals that the overall trend is weak, and subtle changes in market sentiment may become a turning point.
📊The MACD indicator is now bullishly crossover, with the MACD line crossing the signal line at -0.00026169, and the histogram expanding above the zero line, indicating potential upward momentum. But whether it can be transformed into an actual breakthrough remains to be seen.
🔮Market analysts are cautiously optimistic, believing that once the NOT token effectively breaks through $0.008462 and is accompanied by a stable closing price, the price is expected to rise further, even erasing zero and moving towards a new high. Some forecasts point out that after the breakthrough, it may reach $0.01058 or even higher.
💼Well-known researcher Sheldon the Sniper boldly predicts that Not has broken free from the constraints of the long-term downward trend line, and if the market environment continues to be positive, it is expected to usher in explosive growth. He expects the increase to reach 57.55% to $0.014, or even a leap of 126.44%, reaching a new record of $0.018. These predictions inspire endless reverie, but investment must be cautious and risk assessment is essential!
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