1. Trend review and current status
According to the figure, NOT/USDT has a significant upward trend today, and the current price is 0.015415 USDT. The price climbed from a morning low of 0.011837 USDT and reached a high of 0.015444 USDT within a short period of time.
2. Trend Analysis
Short-term trends
As can be seen from the figure, NOT/USDT has an obvious upward trend in a short period of time. The price is running above the short-term moving average (MA5 and MA10), and the two moving averages show obvious upward divergence, showing strong short-term upward momentum.
Medium-term trend
In the medium term, the price has an obvious support level near 0.013522 USDT. After the price broke through 0.014021 USDT, the rise accelerated further, indicating that the market buying power is strong.
3. Technical indicator analysis
Moving Average (MA)
The chart shows the 5-day and 10-day moving averages (MA). Currently, both the 5-day MA and the 10-day MA are moving upward, and the 5-day MA is above the 10-day MA, indicating that the short-term market is dominated by bulls.
Volume
Trading volume has increased significantly recently, indicating increased market participation. Especially in the process of rapid price rise, the enlargement of trading volume usually means that the market buying power is strong, supporting further price rise.
4. K-line pattern analysis
In the recent candlestick pattern, the price stabilized at the morning low and rebounded quickly, forming a series of positive lines, showing strong buying power. The current candlestick pattern has no obvious reversal signal, and market sentiment is optimistic.
5. Support and Resistance
The current price has strong resistance near 0.015415 USDT, which is the recent high. If the price can break through this resistance, it is expected to rise further. The support level below is near 0.014021 USDT. If the price falls back to this position and stabilizes, it will provide a basis for the next wave of rise.
6. Future trend prediction
Based on the current technical analysis, NOT may continue to maintain an upward trend in the short term. If the price can effectively break through the resistance level of 0.015444 USDT, it is expected to rise further to 0.016500 USDT or even higher. If the price falls back, it is necessary to pay attention to the performance of the support level of 0.014021 USDT. If it can stabilize here, it will accumulate momentum for subsequent increases.
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