$NOT Technical Analysis
Indicators:
Moving Averages: On both 4-hour and daily timeframes, Notcoin is trending bearish, with the 50-day and 200-day moving averages sloping downward. The 200-day moving average is above the current price, acting as potential resistance.
Relative Strength Index (RSI): RSI is at 39 and trending downward, indicating the price is nearing the oversold zone, which could signal a potential reversal.
Moving Average Convergence Divergence (MACD): The MACD shows a rising histogram in red, suggesting a possible trend reversal, though the overall signal remains bearish.