NOT/USDT long and short strategies. Here's the breakdown: #NOT🔥🔥🔥
Observations:
Moving Averages (MAs):
MA(7) = 0.009038 (yellow line, short-term trend).
MA(25) = 0.009105 (pink line, mid-term trend).
MA(99) = 0.008646 (purple line, long-term support).
Volume: Current volume seems lower compared to recent peaks, suggesting reduced buying/selling pressure.
MACD:
Histogram is near zero but slightly bearish.
Signal suggests consolidation with weak momentum.
Price Action: Price has bounced near 0.008646 (MA 99), showing strong support.
Recommendations
1. Long Position:
Entry Point: Between 0.00900 and 0.00904 (price near MA 7 support).
Take Profit (TP):
TP1: 0.00920 (near the recent resistance).
TP2: 0.00950 (higher resistance zone).
Stop Loss (SL): 0.00882 (below recent swing low).
Trade Duration: Intraday to 1 day, depending on momentum.
2. Short Position:
Entry Point: If the price breaks below 0.00882, consider entering short.
Take Profit (TP):
TP1: 0.00865 (MA 99, major support zone).
TP2: 0.00830 (next support level).
Stop Loss (SL): 0.00905 (above recent resistance).
Trade Duration: Intraday to 2 days, depending on follow-through selling.
Contingency Plans:
If signals go against your position:
Plan A (Aggressive Recovery):
For long: If the price drops below 0.00880, close 50% and re-enter near 0.00850.
For short: If the price rises above 0.00920, exit and re-enter at 0.00940.
Plan B (Hedging):
For long: Open a small short position if 0.00880 is breached.
For short: Open a small long position if 0.00920 is breached.
Plan C (Stop and Wait):
Wait for price to settle at a stronger support (0.00830) or resistance (0.00950) before re-entering.
Plan D (Scaling):
For long: Scale in if the price tests 0.00850 and shows signs of recovery.
For short: Scale in if the price tests 0.00940 with bearish rejection.
Would you like further clarification or updates based on live price movements? #MajorUnlocks #MuskXPayments $NOT
