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🚨 Market Alert: Beware of rising NOTUSDT prices 🚨
summary:
NOTUSDT perpetual futures rose +90.16%, hitting $0.027451. While this rise may seem tempting, it is necessary to examine the reasons behind it to understand how true it is.
Reasons for caution:
1. Lack of a strong foundation:
- Despite the big price jump, there are no fundamental updates or developments to support it. Unexplained jumps in prices often indicate speculative trading or possible market manipulation.
2. Overbought signals:
- Technical indicators such as RSI and KDJ indicate that NOTUSDT is significantly overbought. This may mean that the price…$NOT