$NOT just experienced a healthy correction after the recent bullish move. Corrections like this are normal—they remove overextended positions and allow the market to stabilize. I’m watching closely because price is approaching a key support area.

Trade Setup:

Entry Zone: $0.000508–$0.000512

Target 1: $0.000500

Target 2: $0.000492

Stop Loss: $0.000515

This zone is strong because it aligns with previous support and the 0.5 Fibonacci retracement from the last swing high. Price has reacted here before, making it an area where buyers may regain control. If this level holds, they’re building strength for the next move.

I’m watching the $0.000508–$0.000512 area carefully—this is where the long liquidations occurred, and it could act as a pivot for the next directional move.