
NOT is in the bizarre combination of 'shrinking volume rise + contract withdrawal', like a house of cards with its foundation pulled out—seemingly at a new high, but in reality, it is a chip vacuum; once it pulls back to the 0.0021 value area, it is a golden buying point in a bearish trap.
Key Interval Structure
1. Value Anchor Area (POC): 0.0020757, trading volume 8.8B, the largest turnover area in the last two weeks; price pulling back to this easily attracts buyers.
2. High Trading Volume Area:
• HVN-A 0.0019848-0.0020030 (7.1B-8.6B) — Bullish buffer zone, first pullback likely to stop the decline.
• HVN-B 0.0021165-0.0021301 (6.2B-6.6B) — Upper bearish defense line, rebound to this must break out with volume.
3. Low Trading Volume Gap:
• LVN-1 0.0018396-0.0018849 — Lower vacuum zone, if it breaks 0.00198 with volume, it will quickly slide to 0.00184.
• LVN-2 0.0025025-0.0025297 — Upper vacuum zone, targeting 0.00250 after breaking 0.00235.
4. 70% Trading Volume Coverage Area: 0.0019576-0.0023299; current price at 0.002325 hits the upper limit, short-term is already on the edge of overbought.
Momentum Verification
• Near POC Up/Down=4429M/4224M≈51%:49%, Long/Short Balance;
• Inside HVN-A Up/Down=2933M/4064M≈42%, Bears Slightly Dominant;
• Recent 4h trading volume shrank by 20%, if it breaks upwards to LVN-2, volume must be ≥1.5 times the average, otherwise it's a false breakout.
Auxiliary Judgment
• Bollinger Bands: Price at 64%, upper band 0.002345 is direct resistance;
• MA200 0.002123, deviation +9.5%, still bullish in the medium term;
• Contract OI 24h -2.37%, capital withdrawal diverges from the rise, beware of false bullish signals.
Order Book Anomaly
Sell wall 0.009-0.012 accumulates nearly 300M USDT, difficult to digest in the short term, price hard to soar; buy/sell ratio 0.916, sell orders exceeding 4252 USDT, short-term pressure.
Market Cycle
In the stage of 'mid-term rebound end + short-term chip distribution', can be seen as the end of a secondary upward wave in a fluctuating market.
Trading Strategy
• Aggressive pullback long: 0.002020-0.002030 (overlap of LVN-1 and HVN-A), stop loss at 0.001975 (recent lower bound of HVN -0.5ATR), target 0.002075 (POC)/0.002116 (HVN-B), risk-reward ratio ≈3:1.
• Conservative breakout long: Wait for 15m volume breakout at 0.00235 and UpVol > 60%, enter on pullback at 0.00233, stop loss at 0.00230, target 0.00250, risk-reward ratio ≈5.7:1.
• Counter-trend short: If it breaks below 0.00198 and closes below it, short on rebound at 0.00200, stop loss at 0.002025, target 0.00184, risk-reward ratio ≈3.2:1.
Risk Warning: If it falls below 0.001957 or breaks above 0.00235, momentum reversal invalidates the strategy; macro bearishness or continuous capital outflow requires immediate stop loss.
LP Market Making Suggestions
It is recommended to place bilateral LP in the range of 0.00198-0.00208: the lower limit is close to HVN-A support, the upper limit is close to POC, the range has dense trading and moderate volatility, and the fee income can cover impermanent loss; if the price breaks 0.00235, move the range to 0.00230-0.00250.
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