$NOM 🕯️ Why is this a doji sell-off?

• The candle body is very small, with an upper wick appearing
• Located right at the 0.0180–0.0181 peak zone
• Appears after a series of sharply rising candles (+120%/day)
👉 Meaning:
Buyers couldn't push higher,
sellers start to offload.
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🔎 Additional confirmation from indicators
• Volume does not increase with price → weak momentum
• MACD still positive but the slope is slowing down
• Price far from EMA → very likely to be pulled back to equilibrium
➡️ This is a distribution doji, not a pause doji for further pump.
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⏰ Next scenario (high probability)
🔴 60–70%
• H1 closes below 0.017
→ quick sell-off to:
• 0.015 – 0.014
• Stronger shakeout could go to 0.012
🟢 30–40%
• Might see a very short spike up to 0.0185–0.019
• But only to complete the sell-off, not sustainable
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📌 WHAT TO DO RIGHT NOW?
If you have NOM
• ✅ Take profits IMMEDIATELY (very timely)
• For holding:
• Reduce position to 0.015
• Don't hold with high expectations for many days
If you don't have it yet
• ❌ No FOMO
• ⏳ Wait until the sell-off is over before considering
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🧠 FINAL REMARK
This doji is a sign of “smart money gradually withdrawing.”
Any upward movement is just a tail sell-off, not a new wave.