【$NOM Signal】Pullback confirmation, targeting on the right side

$NOM 1H level retracement with shrinking volume back to EMA20, and the price is consolidating around 0.00685. The 4H Bollinger Bands are opening upward; the price is holding above the middle band, and the MACD double lines continue to expand above the zero axis. The 1H RSI has fallen from the 74 high to 59, and buy-side pressure has been released. The order book depth shows extremely thick resting orders in the 0.00683 to 0.00681 range, with a clear intention to provide support.

🎯Direction: Long

⚡Entry/Order: Stage entries between 0.00582 and 0.00597

🛑Stop Loss: 0.00560

🚀Target 1: 0.00745

🚀Target 2: 0.00819

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price drops back into the entry zone, exit automatically to protect principal.

Funding rate -0.4%, with potential for a short squeeze. The position size remains stable, and there are no signs of a large-scale exit. On the 1H level, buy-side depth is clearly stronger than sell-side; the bid/ask ratio reaches 1.3, indicating a strong willingness to absorb demand from below. The current risk-reward ratio is close to 4—this setup is worth using limited risk to bet on a continuation of the trend.

View real-time market 👇 $NOM
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