Asset analysis#NOTđđđ
$NOT $WIF $PEPE
The NOT asset shows interesting movements on the chart. đ Let's look at the main points.
Ascending Triangle đ
The chart forms an ascending triangle, which often indicates a continuation of the trend. The upper border of the triangle is now at 0.036799, which could become an important resistance level. đSupport and resistance đđ
Support levels are at 0.014801 and 0.013559. Breaking down these levels could mean a further price decline. On the other hand, an upward break above the resistance level at 0.036799 could open the way to growth. đTrade volume đ
The trading volume of 858.737M shows high activity of traders, which confirms the significance of current levels. đIndicator đ
Moving averages (MA) show mixed signals:AND (7) = 0.015290
AND (25) = 0.014701
AND (99) = 0.016613
AND (99) = 0.003342
The SAR indicator = 0.013559 indicates a possible further downward movement. đ
Upside and Downside Potential đđ
According to the current analysis, a possible increase to the level of 0.036799 (128.57% of the current price). Possible decrease to the level of 0.004852 (-63.94% of the current price). These levels indicate possible scenarios for price movement depending on the direction of breaking through the triangle. đ
Conclusion
The NOT asset is in an interesting phase of forming an ascending triangle pattern. Traders should closely monitor support and resistance levels to make decisions about entering or exiting a position. đ
Recommended: Be careful and monitor changes in trading volume and indicators to promptly respond to changes in the market. đđ