NOT/USDT
Chart Details:
Fibonacci Retracement Levels:
Key retracement levels visible: 0.236, 0.382, 0.618, and 0.786.
Price is currently hovering near the 0.236 level (~0.0087 USDT), suggesting consolidation at a low level.
Price History:
A sharp decline from the high (~0.03 USDT) to a low (~0.007 USDT) is visible, followed by a range-bound movement.
The price appears to lack upward momentum but is stabilizing near a support zone.
Indicators and Signals:
Resistance levels: 0.0124, 0.0166, and higher levels aligned with Fibonacci points.
Support level: ~0.007 USDT, where the price seems to bounce.
Analysis:
Short-Term Outlook: The price needs to break above 0.012 USDT (0.382 retracement) to confirm bullish momentum. If rejected, further consolidation near 0.007-0.008 USDT is likely.
Bullish Trigger: A close above 0.0166 USDT (0.618 retracement) could indicate a strong rally toward higher targets, potentially 0.022 USDT.
Bearish Risks: A breakdown below 0.007 USDT may open doors to further declines.
Fibonacci Retracement Levels:
Key retracement levels visible: 0.236, 0.382, 0.618, and 0.786.
Price is currently hovering near the 0.236 level (~0.0087 USDT), suggesting consolidation at a low level.
Price History:
A sharp decline from the high (~0.03 USDT) to a low (~0.007 USDT) is visible, followed by a range-bound movement.
The price appears to lack upward momentum but is stabilizing near a support zone.
Indicators and Signals:
Resistance levels: 0.0124, 0.0166, and higher levels aligned with Fibonacci points.
Support level: ~0.007 USDT, where the price seems to bounce.
Analysis:
Short-Term Outlook: The price needs to break above 0.012 USDT (0.382 retracement) to confirm bullish momentum. If rejected, further consolidation near 0.007-0.008 USDT is likely.
Bullish Trigger: A close above 0.0166 USDT (0.618 retracement) could indicate a strong rally toward higher targets, potentially 0.022 USDT.
Bearish Risks: A breakdown below 0.007 USDT may open doors to further declines.
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