$NOT BREAKOUT LOADING... — TECHNICAL ANALYSIS & TRADE SETUP
The $NOT token is showing strong signs of a breakout setup, with price consolidating tightly near a key resistance zone. This phase is typical "loading" before a potential upward move.
Key Levels:
Resistance: Around $0.045 — recent highs where sellers appeared.
Support: Near $0.037 — solid demand zone preventing further decline.
Current Price: ~$0.039
Technical Observations:
Price has formed a tight consolidation triangle, indicating decreased volatility before a potential explosive move.
Volume is gradually increasing, supporting the idea that buyers are accumulating.
RSI is neutral (~55), not overbought, allowing room to run.
MACD lines are converging for a bullish crossover soon.
Trade Setup:
Entry: Above $0.045 confirmed breakout candle close on decent volume.
Targets:
1st target: $0.055 (previous resistance zone)
2nd target: $0.065 (psychological level)
Stop Loss: Below $0.036 to protect against false breakout.
Risk Management:
Keep position sizing moderate — risk no more than 2% of your trading capital on this trade. Use trailing stops to lock in profits if breakout sustains.
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$NOT is gearing for a potential bullish breakout — watch the resistance zone closely for confirmation! Are you planning to enter the trade or wait for more confirmation?
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