$NOT Approaches Key Resistance – A Bullish Breakout in Sight?

The latest analysis of #NOT on the 1-hour chart reveals promising trends! Recent price movements have shown an increase from $0.006894 to $0.007455, indicating a bullish sentiment supported by key technical indicators. 

Traders should monitor critical resistance levels at $0.007586 and $0.007626, as breaking through these could signal further upward momentum. The alignment of the 9 EMA above the 20 EMA suggests a short-term uptrend, reinforcing the bullish outlook.

Momentum indicators, particularly the MACD, are also positive, indicating a strengthening trend. However, with the RSI in overbought territory, caution is advised as it may signal a potential correction.

For those considering long positions, support levels around $0.007092 and $0.007058 may offer lower-risk entry points. Conversely, a short position could be viable if the price approaches the $0.007687 resistance level without breaking through.

In summary, while the market structure leans bullish, traders should remain vigilant of key levels. An upward move past $0.007626 could lead to further gains, while a drop below $0.007092 may shift sentiment bearish.  #Notcoin #NOT🔥🔥🔥 #TrendingInvestments