$NOM surged over 80% within 24 hours, accompanied by a record-breaking trading volume of 930 million USD and a surge in open interest. This is a typical signal of main capital entering the market, rather than just a short squeeze.
Under the influence of massive volume, the price has made a strong breakout of the key zone, shifting market sentiment from hesitation to FOMO. The current consolidation at high levels is a healthy rotation, with buying pressure continuously absorbing sell orders on lower timeframes. No signs of volume stagnation or long upper shadows indicating a top formation have appeared. The simultaneous surge in open interest confirms the establishment of new long positions. As long as the price can hold above the breakout zone, a subsequent inertia-driven rally is highly probable.
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【$NOM Signal】Long + Volume and Price Breakout
$NOM surged over 80% within 24 hours, accompanied by a record-breaking trading volume of 930 million USD and a surge in open interest. This is a typical signal of main capital entering the market, rather than just a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.0138 - 0.0145
🛑 Stop Loss: 0.0125 ( Rigid stop loss, invalid if broken )
🚀 Target 1: 0.0168
🚀 Target 2: 0.0195
Under the influence of massive volume, the price has made a strong breakout of the key zone, shifting market sentiment from hesitation to FOMO. The current consolidation at high levels is a healthy rotation, with buying pressure continuously absorbing sell orders on lower timeframes. No signs of volume stagnation or long upper shadows indicating a top formation have appeared. The simultaneous surge in open interest confirms the establishment of new long positions. As long as the price can hold above the breakout zone, a subsequent inertia-driven rally is highly probable.
Trade here 👇 $NOM
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