The cryptocurrency market for $NOT is currently witnessing a slight increase of 1.319% over the past 24 hours.
However, the overall trend remains a downtrend, indicating a weak buying sentiment.
Bollinger Bands suggest limited volatility, with the upper band at 0.002235 and the lower at 0.002176.
Support at 0.002155 and resistance at 0.002242 create a tight trading range that traders should monitor closely.
Macroeconomic factors like inflation uncertainty may continue to pressure prices, while Bitcoin's undefined influence leaves NOT with unpredictable correlations.
Traders may consider a short-term approach to capitalize on fluctuations within this constrained range.
Key takeaway: Focus on range-bound trading strategies amid this downtrend, as macroeconomic conditions evolve.
