Today I want to share a detailed analysis of **NOT/USDC** based on the latest market movements. If you are an active trader or a long-term investor, this information will be very useful for your decisions.
🔍 Current Chart Summary:
- Current Price: 0.01060 USDC
- Recent Trend: Bearish, with signs of consolidation.
- Key Support: 0.01050 USDC and 0.00852 USDC.
- Key Resistance: 0.01180 USDC and 0.01250 USDC.
- MACD: Slight negative divergence, indicating possible bearish continuation or consolidation.
- **Volume:** On the decline, it suggests a lack of important catalysts in the short term.
📈 **Price Projection:**
- **Short Term (1 Day):** We expect the price to remain in a range of 0.01050 - 0.01120 USDC, with the possibility of a correction if the support gives way.
- **Medium Term (1 Month):** Possible breakout of a symmetrical triangle. On the upside it could reach 0.01250 USDC; on the downside, if the key support is broken, we could see a drop towards 0.00750 USDC.
- **Medium Term (2 Months):** Potential consolidation between 0.00750 - 0.00900 USDC if the downward trend persists.
- **Long Term (3 Months):** Key watch for the overall market. If the weakness continues, we could see levels of 0.00500 USDC. However, a positive change could take the price towards 0.01500 USDC.
💡 **Conclusions and Strategy:**
- **Short Term:** Trade within the current range with tight stops, waiting for a confirmation of a triangle breakout.
- **Medium Term:** Adjust exposure if key support at 0.00852 USDC breaks.
- **Long Term:** Monitor the overall market and consider accumulation at low levels if the trend reverses.
Please remember that this analysis is based on the technical data available at the moment and that the cryptocurrency market is highly volatile. Stay tuned and adjust your strategies according to market conditions! 🚀
