As the hype gradually fades, the price has left the high range and begun its retracement journey.

$NOM gained a 267.22% return; the bearish trend is gradually taking shape, and the downward move has been successfully realized.

Opened a short position at the high of 0.001761; the small mid-course rebound was only a brief catch of breath during the sell-off.
The price retraced to 0.001522, and the profit potential from this round of decline has already become apparent.

After a sustained period of pullback, the support area below is getting closer, and further downside space is limited.
Don’t be overly fixated on trying to catch the very end of the down move—take profit in batches and hold on to the gains you’ve already secured.
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