$NOT Analysis #NOT/USDT 06/26/24

The NOT asset shows interesting movements on the chart. Basic moments:

📐Ascending Triangle: The chart forms an ascending triangle. The upper limit is 0.036799 (resistance level).

📊Support and resistance: Support levels - 0.014801 and 0.013559. Breaking down means a possible decline, breaking through up means possible growth.

💸Trade volume: 858.737M, which confirms the significance of current levels.

Indicators:
MA (7) = 0.015290
MA(25) = 0.014701
MA(99) = 0.016613
SAR = 0.013559 (possible further downward movement)

📈Upside and downside potential: Possible increase to 0.036799 (128.57% of the current price), possible decrease to 0.004852 (-63.94% of the current price).

Conclusion: The NOT asset is in the ascending triangle formation phase. It is important to monitor support and resistance levels, trading volume and indicators.

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