Market Direction

NOS Market Direction

Published: Jun 25, 2025

NOSANA remains one of the weaker assets on the board, lacking strong buy pressure and struggling to find momentum. While price has found support at lower levels, structure remains uninspiring, and volume continues to dry up.

Market Context

NOS is trading well below key EMAs, with no bullish reclaim in sight.
Next support sits at $0.60, with a deeper downside target at $0.47 if weakness persists.
Next resistance is at $0.65, with an upside target of $0.74 should a bounce occur.
Volume remains low, with little sign of sustained bidding interest.
Price has returned to very low structural territory, where previous demand was found.
Momentum is muted, price is range-bound with little participation from bulls.

Thesis

NOSANA is technically bearish, trading well below bullish structure and lacking momentum. However, price has reached historically low levels and is holding above support at $0.60, which tempers immediate downside expectations. The lack of volume and failure to reclaim any significant EMA keeps us cautious. For now, we remain neutral, watching to see if price can stabilize or reclaim levels with conviction before taking a directional stance.

Cryptonary’s Take

NOSANA is sitting in a low-volume, low-interest zone. While structurally bearish, price has landed in a region where support has previously stepped in. Until we see stronger signals or a clear bid, we stay neutral and cautious, no reason to force a position here.