【$NOM Signal】Pullback confirmation, bulls make a second push

$NOM After the 1H level pullback to the EMA20, the price was quickly pushed up, with strong buying depth, and large orders around 0.00676 below. The 4H RSI soared to 84.56, MACD histogram still expanding, the price has broken out of the Bollinger upper band, indicating strong momentum.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 0.005335 - 0.005472 range

🛑Stop Loss: 0.004500

🚀Target 1: 0.009363

🚀Target 2: 0.011308

🛡️Trade Management:
- Execution strategy: After the price reaches the first target, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.

Position size remains stable. Negative funding rates suggest high short-term holding costs, indicating potential for short squeeze. 1-hour volume significantly increases during price rally, showing clear active buying intent. Current risk-reward ratio is close to 4:1, favoring favorable odds, but watch out for profit-taking pressure after RSI reaches high levels and becomes dull.

View real-time market 👇 $NOM
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