NOT Price Analysis: Short-term, medium-term focus on support reversal signals
As of the time of writing, the NOT/USDT price is $0.01414, down 3.28% from the past 24 hours. Here is a brief analysis of the NOT price:
Price fluctuations and trading volume
The price has not fluctuated between $0.01366 and $0. 01464 in the past 24 hours, with a trading volume of 4.44 billion NOT and 62.59 million USDT, indicating high liquidity.
Technical indicators 7, 25 and 99 week EMA averages are $0. 01410, $0. 01437 and $0. 01520, all above the current price, indicating a weak short-term trend. The price has recently formed a downtrend, with both highs and lows falling, with key resistance at $0. 01520 and support at $0.01366. The recent negative line indicates continued selling pressure. The short-term EMA is lower than the long-term EMA, indicating that shorts are dominant and short-term traders need guidance.
Comprehensive analysis
Based on the above analysis, the price will not continue to fall in the short term. Investors are advised to pay attention to the rebound signal near the support level of 0.01366. In the medium term, the price still has the potential to rise. Investors can buy on dips and hold for the long term.
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