🗣️ $NOT has been consolidating - will there be a breakout?
The chart for $NOT in recent days looks like a taut string - the price is moving in the range of $0.0070–$0.0084 and has rebounded clearly from these boundaries several times.
❗What I see now:
Entry level: $0.0085 (on breakout of the upper boundary)
Stop-loss: $0.0076 (just below local support)
Take-profit: $0.0097 and $0.0105 (previous zones of pressure)
Indicators are calm:
MACD at zero - no momentum yet, but it may appear
RSI around 50 - no overheating
Volumes are steady - meaning energy is currently building up
I am not entering yet, but I set an alert - if the candle moves with volume and breaks $0.0085, I will enter with a small lot.