【#NOT Price Trend Analysis】

K line shape:

The price has shown an obvious upward trend recently, especially the strong rise that started on May 27.

Large fluctuations occurred between June 2 and June 3, with significant changes in both highs and lows.

Technical indicators:

MACD: MACD is running above the 0 axis, and DIF and DEA continue to diverge upward, indicating that the current market is in a bullish market.

RSI: The RSI value is as high as 85.80, entering the overbought zone, but has not yet peaked and fallen back, showing strong buying power.

EMA: The short-term EMA (7) is 0.02139, the medium-term EMA (30) is 0.01518, and the long-term EMA (120) data is missing. Both the short-term and medium-term moving averages are upward, and the short-term moving average is above the medium-term moving average, further confirming the upward trend.

Volume:

The trading volume increased significantly on June 2, reaching 1924106326, and then decreased but remained at a high level, indicating high market activity.

Trading volume was relatively stable on June 3, remaining at 143,865,570, indicating that market sentiment remained positive.

Comprehensive analysis:

NOT/USDT is currently in a strong upward phase, and technical indicators and trading volume support this judgment. However, as the RSI has entered the overbought zone, we need to be alert to the risk of a possible short-term correction. In terms of operation, you can consider opening positions in batches near integer points (such as 0.02500), and set reasonable stop loss levels to control risks.