$NOT / USDT - Bearish Momentum 🔥

Support: $0.023 | Resistance: $0.035

$NOT is currently trading at $0.03308, reflecting a 5.38% decline over the past 24 hours. The price has experienced a high of $0.035 and a low of $0.023 within the same period, indicating a bearish trend with potential for further downside movement.

Fibonacci Levels:

Retracement Status: Approaching the 61.8% Fibonacci retracement level.

Price Zones:

Support: $0.023

Resistance: $0.035

A breakdown below the 61.8% retracement level could lead to further downward movement.

RSI:

Value: Not specified in the provided data.

Interpretation: An RSI value above 70 would indicate overbought conditions, suggesting a potential pullback. Conversely, an RSI below 30 would indicate oversold conditions, suggesting a potential buying opportunity.

Entry Zones:

Safer: $0.023 – $0.025

Rationale: Aligns with recent support levels, offering a more conservative entry point.

Aggressive: $0.020 – $0.023

Rationale: Near previous support levels, suitable for traders with higher risk tolerance.

Take-Profit Zones:

TP1: $0.030

Rationale: Previous resistance level, potential for price rejection.

TP2: $0.035

Rationale: Next major resistance level, potential for further upward movement.

Stop-Loss Ideas:

Conservative: $0.018

Rationale: Below recent support levels, minimizing risk in case of a bearish reversal.

Tight: $0.020

Rationale: Just below immediate support, suitable for short-term traders seeking to limit potential losses.