NOT price movement analysis report for one month
One-month NOT price movement was analyzed using technical indicators and news sentiment to determine the causes of trends. We will summarize the results as follows:
1- Current trend: The results indicate that the current trend of NOT price movement is neutral. This means that there is no clear market direction at the moment.
2- Distribution of major holders: According to available data, the ratio of long to short positions on Bybit is 1.4:1. This indicates that there is more interest on the part of investors in long positions.
3- Current financing rate:\nThe current financing rate is 0.0001. The financing rate usually works on perpetual contracts. A positive number indicates the strength of the long side, while a negative number indicates the strength of the short side.
4- Current support and resistance levels: The last support price for the BOLL indicator for NOT is about $0.011226, while the last resistance price is about $0.020504.
5- Current market sentiment: The current market sentiment index is 46. According to the index range, this level is considered neutral, and it indicates a relative balance of sentiment among investors.
6-Technical indicators: The results show that all the technical indicators used (KDJ, MACD, RSI, EMA BREAK, and BOLL) do not currently show any specific pattern. This indicates that there are no strong signals to buy or sell.
Based on the above analysis, we can conclude that the 1-month NOT price movement reflects the current uncertainty in the market. Investors are advised to monitor technical indicators and relevant news to identify future trends and make appropriate decisions based on this.
