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Technical Analysis

Nosana technical analysis: Can price rally 350% to $7.90 soon?

Published: Oct 7, 2024
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After consolidating for about a week, Nosana made an impressive 450% run to the upside, setting its swing high and...

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Market context

In the weekly timeframe, Nosana returned to a key range between 1.32 and 1.76. This zone is significant because it acted as resistance back in January 2024, followed by a strong weekly candlestick that led to short-term consolidation.

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