Sharing the interpretation of the core indicators of the Brilliant Star NOT (4 hours), can we still get on the train in the short term?

The current price of the price and the moving average (MA) is $0.019567. The trading volume has increased recently, and the 20-day trading volume average is 1.174B.

MACD: The MACD indicator shows some buy signals. The MACD line and the signal line are both above the 0 axis, and the MACD line is above, which shows that there is a certain upward momentum at present.

RSI: The RSI indicator is 90.04, which is seriously in the overbought range, which means that the price may have the pressure of a pullback. Stochastic indicator: The stochastic indicator is 85.05 and 82.97, which is in the overbought range, and also shows the possible risk of a pullback.

Fibonacci retracement Fibonacci retracement shows that the price has broken through the 0.236 level ($0.017098) and is close to the historical high of $0.02082. Moving Averages The 20-day moving average is $0.013959, the 50-day moving average is $0.010127, and the 100-day moving average is $0.007920. The price is well above these moving averages, indicating a strong upward trend.

The Bollinger Band price is near the upper Bollinger Band, showing strong upward momentum. Comprehensive view There may be a pullback pressure in the short term: According to the RSI and KDJ indicators, NOT coin is currently overbought and may experience a price pullback in the short term.

The upward trend is still strong: The MACD indicator shows upward momentum, and the price is also well above the main moving averages, indicating that the upward trend is still there. Key support and resistance: Support: $0.017098 (Fibonacci 0.236 retracement level) and the 20-day moving average of $0.013959. Resistance: Current high of $0.02082.

At present, NOT is in a strong upward trend and moves parabolically. The current price may have a short-term correction risk, but the overall upward trend is still strong.

If you already hold it, you can consider increasing your holdings when it pulls back to the key support level. Although the rise is strong, the risk level is also too high. If you have not held it yet, it is recommended to wait for the price to pull back before entering the market to reduce the risk.

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