$NOM Signal】Pullback to add long positions, short squeeze expectations still valid


$NOM 1H timeframe shows a rally followed by a volume decline and pullback, buying depth remains solid, with dense orders around 0.0032 below. On the 4H chart, MACD shows a bullish crossover with slightly shrinking momentum, but the price remains above the middle Bollinger Band, and the overall structure remains intact.

🎯Direction: Long

⚡Entry/Orders: 0.003201 - 0.003283

🛑Stop Loss: 0.003000

🚀Target 1: 0.004417

🚀Target 2: 0.004984

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Position size remains stable, funding rate is negative but not large in absolute value, indicating that bears have not exited in large scale. The 1-hour RSI has pulled back from high levels to 61, providing a healthy retracement space. Market data shows significant buy orders below 0.00347, with selling pressure quickly absorbed. In this environment, a pullback to the key moving averages is an ideal setup, with a risk-reward ratio over 4:1, making it worth a try.

View real-time market 👇 $NOM
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