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【$NOM Signal】Long + Breakout Confirmation with High Volume
$NOM surged over 114% in 24 hours with a volume breakout, indicating a breakout driven by major players rather than mere short covering. Open interest also soared simultaneously, confirming the strength of the trend.
🎯 Direction: Long
🎯 Entry: 0.0158 - 0.0162
🛑 Stop Loss: 0.0145 ( Rigid Stop Loss )
🚀 Target 1: 0.0185
🚀 Target 2: 0.0200
Market Logic: The price has made a critical breakout under massive volume, which is the most powerful market signal. The high trading volume and open interest growth together indicate new funds are actively building positions, not just short covering leading to passive rise. A healthy pullback after the initial sharp rise presents a good entry opportunity. As long as the price stays above the midpoint of the breakout candlestick, the bullish structure remains intact. Currently, market sentiment is FOMO, but the major players’ cost basis is clear. The first correction is a low-risk entry point.
Trade here 👇 $NOM
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