$NOT
/USDT Technical Analysis and Trade Strategy🔥🎯🚀
Current Price: $0.008228 (-0.34%)
24h Range: $0.008201 - $0.008784
Technical Indicators:
1. Moving Averages (MA):
50-MA (15m): The price is slightly below the 50-MA, indicating mild bearish momentum.
200-MA (1h): Price is hovering near the 200-MA, suggesting a potential area for support.
2. Bollinger Bands (15m):
The price is near the lower Bollinger Band, signaling potential oversold conditions and a possible bounce.
3. MACD (15m):
The MACD line is below the Signal line but showing signs of convergence, suggesting potential for reversal.
4. SAR (Stop and Reverse):
Dots are above the price, indicating a short-term downtrend.
Trade Setup:
Entry Point: $0.00815 - $0.00825 (look for a bounce near the 24h low).
Stop-Loss: $0.00800 (below recent support).
🎯 Target Keys:
1. Target 1: $0.00850 (Minor Resistance)
2. Target 2: $0.00878 (24h High)
3. Target 3: $0.00900 (Psychological Resistance Level)
Risk Management:
Risk-to-Reward Ratio: 1:2 or better.
Capital Allocation: Low to moderate exposure due to recent volatility and bearish pressure.
Summary:
This setup focuses on a potential rebound from support near $0.00820. Ensure you get a confirmation of bullish momentum before entering to avoid further downside risk.