$NOT /USDT Holds Above Support — Bulls Eye Recovery
NOT is trading at $0.002065, up 1.23%, showing resilience after rebounding from the 24h low of $0.001951. Price is currently above the 7-day MA ($0.002041) but still below the 25-day and 99-day MAs at $0.002142 and $0.002273, suggesting cautious optimism.
📊 Technical Snapshot:
Holding above MA-7 signals short-term buying interest.
However, the trend remains bearish overall, with lower highs and rejection from the MA-25 zone.
Key resistance lies at $0.00214 and $0.00236, with extended targets at $0.00252–$0.00257.
📉 Downside Risk:
A drop back below $0.00200 may trigger a test of $0.00175 and $0.00160, where historical demand has previously stepped in.
📌 Outlook: While NOT is showing signs of a short-term bounce, it must reclaim the $0.00214–$0.00227 zone to confirm a trend reversal. For now, it remains in a neutral-to-bearish consolidation with potential for upside if volume and momentum improve.