NOM is forming a descending wedge, and the daily breakout signal has already been confirmed ✅
From a technical perspective, this breakout is very critical. Once this pattern is completed, we may see a strong upward trend. Based on the current technical strength, NOM is expected to reach a key level around $0.02500 during this rally.
Such wedge breakouts often contain energy releases—the selling pressure accumulated during the entire bottoming process gradually dissipates, and buying pressure gradually takes over. If the price remains above the breakout point, the subsequent upward potential is worth期待. Of course, the market always has uncertainties, so it is recommended to manage risks carefully before trading.
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OnChainDetective
· 5h ago
ngl the wedge pattern looks textbook but let me dig into the on-chain data first before getting hyped about 0.025... whale movements don't lie
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MrDecoder
· 6h ago
The wedge breakout has been talked about so many times, is this time really going to be different...
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0.025? Let's see if it can hold steady above the breakout point first.
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It's either bottoming out or releasing energy; it feels like we're bottoming out every day.
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Risk management is easy to say, but you'll only realize the pain when you cut losses.
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NOM has been on my watchlist, but I’ll wait to see how it performs after breaking the level before jumping in.
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Technical strength? Just look at the historical trend to know.
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Staying above the breakout point... Are you kidding? A few days ago, it also said it broke out, and then what?
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0xSherlock
· 6h ago
Sextuple breakout may seem so perfect, but how many can actually make it out...
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GweiObserver
· 6h ago
I am optimistic about the wedge breakout, but can 0.025 really be reached?
NOM is forming a descending wedge, and the daily breakout signal has already been confirmed ✅
From a technical perspective, this breakout is very critical. Once this pattern is completed, we may see a strong upward trend. Based on the current technical strength, NOM is expected to reach a key level around $0.02500 during this rally.
Such wedge breakouts often contain energy releases—the selling pressure accumulated during the entire bottoming process gradually dissipates, and buying pressure gradually takes over. If the price remains above the breakout point, the subsequent upward potential is worth期待. Of course, the market always has uncertainties, so it is recommended to manage risks carefully before trading.