#NOT $NOT Technical Analysis Overview
Trend Analysis:
• The price shows a pattern of sharp downward movement followed by a minor recovery.
• If the price holds above the middle Bollinger Band ($0.006337), an upward move towards $0.006487 is possible.
• If the price falls below $0.006220, further downside may occur, testing the $0.006177 support level.
Trading Strategy:
• Bullish Scenario: Wait for a breakout above $0.006487 with high volume for confirmation.
• Bearish Scenario: If the price drops below $0.006220, it might continue downward.
