🚨🔥 URGENT ALERT: IS $NOT HITTING ROCK BOTTOM OR SLIPPING INTO A NEW DOWNTREND? 🛑🔥
$NOT /USDT on the 4-hour chart is under severe downward pressure, diving deep with no clear signs of recovery just yet. Following a series of rejections at key resistance levels, this pair has sharply declined, setting fresh lows amid a bearish market sentiment.
Current Price: 0.006518 USDT
24H Change: -14.44%
Key Levels You Need to Watch 🚨
Major Resistance at 0.007000 USDT: For any glimpse of a rebound, $NOT needs to overcome this barrier. A decisive breakout here could offer some recovery potential, aiming toward the next resistance at 0.007500 USDT, where buying activity could re-emerge.
Critical Support at 0.006200 USDT: Should the price drop beneath this level, we could witness further declines toward 0.006000 USDT. Breaking down from here may trigger intensified selling, pulling the price lower and heightening market fears.
The Verdict: Where’s NOT Headed Next? 🔮
Downside Risk: Should NOT fail to maintain support at 0.006200 USDT, an accelerated sell-off may follow, potentially cascading into even deeper lows as bearish momentum takes over.
Recovery Scenario: However, if buyers manage to defend support and reclaim 0.007000 USDT, bulls might find traction, sparking a recovery that could propel the price to 0.007500 USDT, where renewed buying interest may strengthen.
Stay vigilant and be ready for fast moves, traders!
