NOT/USDT Technical Analysis in 12-Hour Timeframe

Aug 15

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Now, let’s dive into this chart analysis:

NOT is under a symmetrical triangle pattern, facing resistance at the 21 EMA at $0.01160. If the price gets rejected from this resistance, it is likely to reach the green box between $0.00988 and $0.01056.

The crucial resistance for NOT is at $0.013, and once it breaks above this resistance trendline, a bullish rally is possible. The support trendline between $0.00988 and $0.01056 must hold the price.

Key levels:

- Support/Accumulation: $0.00988-$0.01056
- Resistance: $0.01160 (EMA) and $0.013 (Resistance trendline)
- Target: $0.03

We will re-analyze the chart if the price closes below the support trendline.

DYOR, NFA.

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