#notcoin #NOT #Notcoin👀🔥
1. Technical analysis (chart):
• Bollinger Bands (BOLL):
The price is closer to the lower border of the Bollinger Bands, which may indicate that the asset is oversold and a possible upward correction. However, the trend is weak, and the lower border of 0.004871 serves as support.
• MACD:
The MACD histogram is negative, indicating a bearish trend. However, the values are close to zero, which indicates the fading of the downward movement.
• RSI:
RSI (6) = 22.1 indicates that the asset is clearly oversold. This may be a signal for a potential reversal or upward correction. However, RSI (12) and (24) do not yet indicate strong buying interest.
• Volumes:
Volumes remain low, which confirms weak interest from market participants. This may indicate indecision or waiting for news.
2. Support and resistance levels:
• Support:
The nearest support level is 0.004871, and the main level is 0.003279.
• Resistance:
Resistance levels are in the area of 0.008752 and 0.014225. A breakout of these zones may signal a change in trend.
What do you expect from the asset?