$NOT coin
Coin name: NOT
SHORT
Price: .2676
(Enter on entry price)
I can see a bearish Head and Shoulders chart pattern on NOT coin. I am bearish on the coin. After the breakdown of the Head and Shoulders pattern, making an entry will be safer. However, if we enter from the white resistance zone, it will be even safer and more profitable.
Additionally, I can see a lot of upside liquidity in the 24-hour Binance Coin Glass liquidation heat map. It is likely that NOT will move up first to grab the liquidity, and then it will move down afterward.
There are two Money Flow Index (MFI) indicators I am watching. It looks like the MFI will pump slightly and then dump again from the blue trendline resistance. Overall, I am maintaining a bearish outlook on the market.
5x leverage isolated
Sl: .2757
Target:
1) .2500
2).2440
3).2350
4).2280
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