$NOT

💹 NOT/USDT Technical Analysis: A Critical Point for Potential Move 🚀

NOT/USDT is currently trading at $0.009630, showing some consolidation at a key level. Let’s dive into the technical analysis and explore the potential trade strategies:

📊 Support & Resistance Levels:

Resistance: Immediate resistance lies at $0.01000, a level that has acted as a ceiling in recent price action. A breakout above this could push NOT towards $0.01050 and potentially $0.01100.

Support: Strong support is seen at $0.00900, a level that has held well in past tests. A breakdown below this could lead to a further drop toward $0.00850.

⚡ Trading Strategy:

1️⃣ For Long Positions: Look for a confirmed breakout above $0.01000 with increasing volume. Set targets at $0.01050 and $0.01100, with a stop-loss near $0.00900.

2️⃣ For Short Positions: A rejection at $0.01000 or a breakdown below $0.00900 could signal shorting opportunities. Target $0.00850, with a stop-loss above $0.00980.

💡 Momentum Insight:

Volume and momentum indicators like RSI and MACD will be key to confirming any potential trend reversal. Watch for volume spikes to indicate the strength of the move.

📈 Will NOT break above resistance, or will support hold? Stay focused, manage your risk, and make the most of the opportunity ahead! 🔥

#BURNGMT #2024withBinance #ETHCrosses4K #BTCBreaking100KAgain? #Write2Earn!