Taking a look at NOTUSDT, we can see the price has recently corrected to the 0.618 Fibonacci retracement level, finding support around $0.006250. I believe this correction is temporary and NOTUSDT is likely to resume its upward trend from the $0.006200 - $0.006250 zone, targeting the $0.007000 level.
Trade Idea:
Entry: Long above $0.006370
Take Profit: $0.006950 - $0.007000
Stop Loss: $0.006050
Remember:
This is just my personal view, and it's crucial to always conduct your own research and consider your risk tolerance before making any trading decisions.
Keep a close eye on trading volume and price action for confirmation of any potential upward movement.
Let me know if you have any questions or thoughts on NOTUSDT!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.