Current situation:
1. Current price: 0.014448 USDT, which represents an increase of 5.98% in the last 24 hours.
2. 24-hour range: Minimum price 0.013226 USDT, maximum price 0.014668 USDT.
3. Trading volume for 24 hours: 10.47 billion for NOT and 145.49 million for USDT.
4. Long-term trend: There is a downward trend, confirmed by the 99-day moving average (MA(99)), which is above the current price (0.016756 USDT).
Moving averages:
1. MA(7): 0.013954 USDT
2. MA(25): 0.014524 USDT
3. MA(99): 0.016756 USDT
The moving averages indicate that there could be some recovery in the short term as the current price crosses the MA(7) and approaches the MA(25).
Forecast:
Taking into account the current data, the following conclusions can be drawn:
1. Short-term growth: In the near future, a short-term price increase to the level MA(25) (0.014524 USDT) is possible; if the price overcomes this resistance level, then the next level may be MA(99) (0.016756 USDT).
2. Volatility: High trading volume indicates significant volatility, which can lead to sharp price movements both up and down.
3. Support and resistance:
It is important to monitor the support (0.013226 USDT) and resistance levels (0.014668 USDT). Breaking through these levels can give a signal of further movement. Recommendations:
1. Traders: It is recommended to hold positions with caution and consider the MA(25) and MA(99) levels to take profits or limit losses.
2. Investors: Pay attention to long-term trends and avoid investing in the absence of clear signals for a trend reversal.
The overall picture at the moment shows a recovery from the recent decline, but for strong growth it is necessary to break through key resistance levels.#Notcoin👀🔥 🔥🔥🔥 $NOT