【$NOM Signal】Short squeeze pullback, sniper for the second pulse

$NOM 1H timeframe violent surge; the price has already broken beyond the upper Bollinger Band. RSI on the 1H touches 77.33, indicating that short-term buying energy has been released excessively. The 4H MACD has just formed a golden cross and the trend is turning, but the 1H price deviation from the EMA20 is too large—chasing highs is extremely risky.

🎯 Direction: Pullback to go long (place orders)

⚡ Entry/Order: 0.005075 - 0.005100

🛑 Stop Loss: 0.005100

🚀 Target 1: 0.006420

🚀 Target 2: 0.006957

🛡️ Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price falls back to the entry level, you will be automatically taken out to protect the principal.

The order book depth shows that there is a large accumulation of buy orders below 0.0065, and the intention to prop up funds is clear. The funding rate is as low as -0.8456%, creating enormous cost pressure for shorts and providing fuel for a potential short squeeze scenario. The 1H trading volume surged dramatically during the rally, but the latest hour’s buy ratio has dropped to 47%, showing that chasing highs is weakening—this is exactly the time to wait for a healthy pullback. With a 4:1 risk-reward structure, it’s worth using a smaller risk to bet on the continuation of the trend.

Check the live market 👇 $NOM
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