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$#NOT Facing Strong Selling – Oversold & Ready for a Bounce
Bearish Pressure Dominates
Trade Setup:
Entry Zone: $0.002250 – $0.002500
(Monitor for stability)
Targets:
$0.002650 (Recovery Zone)
$0.002900 (Key Resistance)
$0.003200 (Breakout Potential)
Stop-Loss: $0.002200 (Below Recent Low)
High sell volume (8.18B NOT) suggests ongoing liquidation, but RSI and MACD are hinting at oversold conditions. If buying momentum builds up, a quick reversal could be in play.
Watch closely for bullish signals before entry!