Current situation
At the time of writing, the NOT/USDT rate is 0.01562 USD, which shows an impressive increase of 50.63% over the past 24 hours. The maximum price for this period reached 0.01582 USD, and the minimum – 0.01019 USD. Trading volume over the last 24 hours is also significant: 27.33 billion NOT and 377.18 million USDT.
Technical analysis
The chart shows a sharp increase in value with a breakdown of resistance levels:
- Moving averages MA(7), MA(25), and MA(99) are showing an upward trend.
- Trading volumes have increased, which confirms the presence of buyer interest.
Fund flow analysis
Fund flow analysis shows:
- Large orders: purchase 7,884.28 million, sale 8,326.95 million, receipt -442.67 million.
- Average orders: purchase 9,655.82 million, sale 8,982.70 million, receipt 673.12 million.
- Small orders: purchase 9,798.98 million, sale 9,999.25 million, receipt -200.27 million.
The total order balance was 30.18 million, indicating a small influx of capital.
Forecast
Based on current data and technical analysis, the following assumptions can be made:
Short-term forecast (1-2 days):
- High volatility will remain, a corrective rollback is possible after a sharp increase.
- The support level is expected around 0.01425 USD.
- The resistance level can be tested at 0.01663 USD.
Recommendations
- For traders: Consider the possibility of partially taking profits at current levels and setting stop losses below the support level.
- For investors: Conduct additional research and monitor news related to the project before making long-term decisions.
This analysis is based on current data and may change based on market conditions.