Hello Binance Square family! 👋
Let's dive into the latest technical analysis of Notcoin (NOT) against USDT on the daily chart. 📊
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📈 Current market overview
Current price: $0.00234251
24-hour change: +0.02277%
Highest price of the day: $0.00238199
Lowest price of the day: $0.00225673
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🔍 General technical overview
🔹 Support and resistance levels
Immediate support: $0.002250
Key resistance: $0.002400
A breakout above $0.002400 could indicate the continuation of the uptrend.
🔹 RSI and MACD indicators
RSI: around 52, indicating a neutral market.
MACD: Neutral, with the MACD line and signal line converging.
These indicators suggest that NOT is in a consolidation phase, waiting for a breakout.
🔹 Trend analysis
The daily chart shows a symmetrical triangle pattern, which is a common setup before significant price movements. A breakout above $0.002400 could indicate the continuation of the uptrend.
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🚀 Price predictions for June 2025
According to recent forecasts, the price of Notcoin is expected to reach around $0.010032 by December 2025, driven by increased community support and potential exchange listings.
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💡 Trading strategy
Entry point: Consider entering a long position above $0.002400.
Stop loss: Place a stop loss below $0.002250 to manage risk.
Target: Aim for a target around $0.002700, in line with the next resistance level.
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⚠️ Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Always do your own research and consult a financial advisor before making investment decisions.
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Follow us for more updates and happy trading! 📈💰
