NOT Coin Analysis: From $0.037 to $0.0044 – A Sinking Ship or Hidden Opportunity? #DeepSeekImpact

Price Overview

$NOT /USDT is currently trading at $0.004448, marking a slight +3.32% gain in the last 24 hours. However, the journey from its high of $0.037 to the current level has been nothing short of devastating for early investors.

RSI

The Relative Strength Index (RSI) on the 3-day timeframe remains neutral but leans toward the bearish zone, indicating weak buying momentum. Bulls have a lot of work to do here.

Moving Averages

The 5-period MA ($0.00678) and the 10-period MA ($0.00728) are well above the current price, signaling that NOT Coin is firmly in a downtrend. A sustained breakout above these levels could be the first sign of recovery.

Bollinger Bands

Price hovers near the lower Bollinger Band, reflecting extreme selling pressure. However, this also suggests a possible rebound if buyers step in.

Support and Resistance

Key Support: $0.00395

Key Resistance: $0.00693

Breaking below $0.00395 could lead to further freefall, while a push above $0.00693 might signal a trend reversal.

MACD

The MACD is bearish, with no clear signs of a crossover to bullish territory. Sellers dominate the market momentum.

Conclusion

NOT Coin's price action reveals a massive decline from its early days. With weak technical indicators and constant bearish pressure, this coin looks like a risky bet for now. If you’re considering entering, watch for a solid breakout above resistance. Otherwise, tread carefully—it’s easy to get "NOT" what you expected!

Disclaimer: This is not financial advice. DYOR before making any investment decisions.

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