đ $NOT Price Analysis: Breakout and Next Targets đ
Step-by-Step Analysis
1. Breakout Confirmation:
đ Range Highs: NOT has broken above the previous range highs at $0.07927.
đą New Support:
This level is now acting as a support.
2. Holding Above Support:
đ Monitor Price Action: Ensure NOT continues to hold above the $0.07927 support area.
â Confirmed Support:
As long as NOT holds above this level, the bullish outlook remains intact.
3. Next Target:
đŻ Target Price: On holding above $0.07927, the next target is $0.10.
đ Upside Potential: This represents a significant potential gain from current levels.
4. pullback Scenario:
đ First Support:
If a pullback occurs, $0.07927 is the immediate support to watch.
đĄïž Second Support: On losing $0.07927, the next support level is $0.06550.
Trade Strategy
1. Long Position:
đŒ Entry: Consider entering a long position as long as NOT holds above 0.07927.
đŻ Target: Aim for $0.10as your profit target.
đĄïž Stop-Loss: Place a stop-loss below $0.07927to manage risk.
2. Pullback Management:
đ Monitor Pullbacks: Watch for any pullbacks to $0.07927.
đĄïž Support Check: If this level is lost, watch 0.06550 for potential support.
Final Thoughts
đ§ Do Your Own Research: Validate your strategy with thorough analysis.
đ Stay Updated: Keep an eye on market conditions and $NOT's price action.
đ Risk Management: Never risk more than you can afford to lose.
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