NOT price has maintained its position above the moving averages recently, although it has not approached the immediate resistance level of $0.013. Bears are aiming to defend the ongoing surge above Fib channels. As of writing, NOT price trades at $0.012, surging over 28% in the last 24 hours.
The 20-day EMA ($0.01) is trending upward and an RSI over 70 indicates a minor advantage for the bulls. They aim to push the NOT/USDT pair past the $0.013 mark. Achieving this could initiate a new upward movement towards $0.015.
Conversely, a decline from the resistance level and a fall below the $0.01 support line would indicate that the pair could continue to fluctuate within its current range. This scenario could see the pair drop to $0.0075 and possibly further to $0.006.
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