Based on the 15-minute NOTUSDT chart you shared, here’s a quick technical analysis:
🔍 Key Observations:
1. Price Action:
• Current price: 0.002067
• Recent low: 0.001996
• Minor bounce happening, but no strong breakout.
2. Moving Averages:
• MA(7): 0.002063 (just under current price)
• MA(25): 0.002059 (below current price)
• MA(99): 0.002107 (well above price, still downward slope)
• Price is below the 99 MA, indicating bearish trend overall.
3. Volume: Recent candles show low volume, no strong buying pressure yet.
4. KDJ Indicator:
• K: 34.54, D: 37.76, J: 28.11 — suggests potential for upward bounce (oversold zone).
• But still no clear bullish crossover.
5. MACD (not visible but can be inferred from momentum):
• No major bullish divergence observed.
⸻
📉 Conclusion:
Short-Term:
• It’s a bearish to sideways market with a weak bounce.
• Since it’s still below the 99 MA, and the bounce lacks volume or strong momentum:
✅ Best Action: Wait or Short on rejection near 0.002080–0.002100
Entry Suggestion:
• Short near: 0.002080–0.002100
• Stop-loss: above 0.002110
• Target: 0.002010 → 0.001990
If price breaks above 0.002110 with volume, you can reconsider for a long.#TradingStrategyMistakes #not #USCryptoWeek #BinanceSquareTalks $NOT