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Notcoin (N...
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Notcoin (NOT) Dips 0.53 percent, with RSI Toward the Oversold Range

  • NOT token dipped 0.53% as bearish pressure persists, trading below major support.
  • RSI on the 4-hour chart is nearing oversold territory, indicating potential selling exhaustion.
  • Bollinger Bands are narrowing downward, hinting at an upcoming sharp price movement.
  • NOT's native token, Notcoin, decreased by 0.53% and is valued at around $0.0165.
  • Bearish momentum is building up, supported by selling interest and weaker market sentiment.
  • Volumes traded were low, making a bullish reversal challenging.
  • RSI close to 30 suggests potential for price bounce, but confirmation is needed.
  • MACD shows a bullish crossover forming, but weak buying pressure.
  • Potential short-term correction expected, though price weakness risks persist.
  • Tightening Bollinger Bands indicate a possible breakout, with lower band acting as support.
  • Intermediate resistance at $0.00257, with upper band at $0.00277 as potential target if momentum reverses.

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