#MyFirstPostAboutNot
#NOTUSDT trading pair chart:
1. **Support Level**: The chart shows a key support level around 0.0082. The price has tested this level several times, indicating it’s an important area where the price often bounces back.
2. **Resistance Level**: There’s strong resistance at 0.0280. Whenever the price reaches this level, it tends to drop sharply, suggesting sellers are overpowering buyers here.
3. **Price Trend**: The price has been steadily falling since reaching 0.0280. The trend is bearish, with lower highs and lower lows.
4. **Candlestick Patterns**: Most candlesticks are red, showing selling pressure. Recently, the candlesticks are smaller and more balanced, which might mean the selling pressure is easing or buyers are coming in around the support level.
5. **Potential Scenario**: If the price stays above 0.0082, there might be a chance for a reversal or consolidation. However, if it drops below this support level, further declines could follow.
6. **Volume and Momentum**: The chart lacks volume and momentum indicators. Adding these could help assess the strength of the trend and potential reversal points.
In summary, proceed with caution. Watch for a clear breakout above resistance or a drop below support before making trading decisions.
