Price: 0.002582 | EMA7: 0 | EMA25: 0 | RSI14: 64.84 | Resistance: 0.00269 | Support: 0.002099 | Average Volume: 120187092.38 | Volume Trend: Increasing
Based on the 1-hour technical analysis of NOTUSDT, here are some observations and recommendations:
- The price is around 0.002582, which is very close to EMA7, indicating a short-term consolidation.
- EMA25 is slightly below the current price, indicating a short-term uptrend.
- The RSI14 is around 64.8, which is in the overbought zone.
- The MACD is slightly positive, but not strong enough to indicate a clear uptrend.
- The volume is increasing, indicating a buyer interest in the market.
- The current price is below the resistance level of 0.00269.
Recommendations:
- Long entry: Buy at 0.00259 (slightly below the current price) with a potential target of 0.0027, considering the resistance level and the increasing volume.
- Short entry: Sell at 0.00255 (below the support level of 0.002099) with a potential target of 0.0024, considering the overbought RSI14 and the short-term downtrend indication of EMA25.
- Spot buy: Buy at 0.00249 (around the 38.2% level of the Fibonacci retracement of the previous downtrend) with a potential target of 0.0027, considering the support level and the increasing volume.
Note: These are general recommendations based on technical analysis and are not investment advice.