Focus of the coin circle: Can $NOT coin lead the market and become a new favorite for investment?
$NOT is showing signs of recovery after suffering a heavy blow in the huge resistance zone near $0.01066. The market is currently recovering from the recent consolidation phase and momentum is accumulating. This may push the market to launch a solid offensive against the next resistance level, so now is a critical moment to observe.
Current price: $0.008137
💡 Key observation level:
Support area: $0.007000-This price level has been well supported and provides a solid foundation for the current rebound. If the market can maintain above this price level, we may see the price rebound towards the resistance level.
Resistance level: $0.01066-This is a huge resistance area that $NOT has been difficult to break through before. Moving to this price level may mark the beginning of a new round of uptrend, and buyers will enter the market again to challenge this resistance.
📈 Trading layout-what may happen next? 🔮
Bearish scenario (short trade): If the price fails to hold above the $0.007000 support, we may see further declines and may test lower prices again in the future.
Bullish scenario (long trade): If buyers continue to hold support and drive prices higher, the next target may be the $0.01066 resistance level. Once this price level is broken, it may bring strong upside potential, so keep an eye on this price level.
⚡ The market is showing signs of recovery! After recovering from the support level, we may usher in some exciting price fluctuations. Keep an eye on the chart for possible breakout opportunities or potential pullbacks!
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