$NOM Signal】Pullback to add long positions, main force's bottom support clearly intended


$NOM After violent surge on the 1H timeframe followed by consolidation at high levels, the 4H Bollinger Bands are fully open, and the price has broken above the upper band. RSI on the 1H chart skyrocketed to 75, indicating short-term overbought conditions. But the key is the order book, with buy depth nearly 40% thicker than sell depth, and a thick wall of orders below 0.00425, showing clear capital support intentions.

🎯 Direction: Long (buy on pullback)

⚡ Entry/Orders: Layered entries in the 0.00349 - 0.00358 range

🛑 Stop-loss: 0.00330

🚀 Target 1: 0.00471

🚀 Target 2: 0.00527

🛡️ Trading management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop-loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Position size remains stable; during sharp price surges, there was no capital outflow, indicating strength. The 4-hour MACD fast and slow lines are opening upward, and momentum is still expanding. The current risk-reward ratio is close to 4, making the odds favorable. In such an imbalanced order book, bears need significant volume to break through, which is less likely. Patience for a healthy pullback is an excellent sniper entry point.

View real-time market 👇 $NOM
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate金手指 #加密市场普遍上涨 #鲍威尔鸽派发言重燃降息预期
NOM29,88%
BTC1,93%
ETH3,01%
SOL-0,27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin