$NOM Signal】Pullback to add long positions, increasing short squeeze expectations


$NOM 1H timeframe surges then pulls back, current price at 0.00276. The middle band of the 4H Bollinger Bands is above 0.0022, with the price repeatedly testing around 0.0027. The 1H MACD fast and slow lines are converging, momentum bars turning negative, short-term selling pressure easing.

🎯Direction: Long

⚡Entry/Order: 0.00252 - 0.00259

🛑Stop Loss: 0.00240

🚀Target 1: 0.00334

🚀Target 2: 0.00371

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

Funding rate: -0.28%, position volume stable, bears paying high fees. Market depth shows significant buy-side support below 0.00274, with dense orders, indicating clear intent to support the price. The 1H RSI is at 58.6, pulling back from a high to a healthy zone, preparing for another upward push. Current risk-reward ratio exceeds 4, with a clear advantage in odds, making it worthwhile to position for a short squeeze rebound.

View real-time market 👇 $NOM
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