$NOT Market Update: Facing Challenges Amidst Potential for Recovery
$NOT is currently trading at $0.0136, showing a slight decrease from its recent low of $0.0140 amidst prevailing selling pressure. The cryptocurrency is encountering significant resistance at $0.0153 and $0.0162, with its 100-day Exponential Moving Average (EMA) reinforcing bearish sentiment. Recently, NOT breached a critical support level at $0.0135, prompting concerns of a further decline towards major support at $0.0126.
Over the past month, $NOT has depreciated by 27.17%, now trading at $0.013. Despite these challenges, there is potential for recovery if buying pressure intensifies. Historical data shows $NOT's price surged from $0.014 to $0.020 within a week following bullish divergence, highlighting its volatility.
Investors are vigilantly monitoring market dynamics for indications of a momentum shift that could potentially drive a price increase akin to previous periods of growth, such as observed between June 11 and 16
