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【$NOM Signal】Short squeeze rebound, pullback to add longs
$NOM 1H level pullback confirmation, the funding rate was smashed out, negative funding rate -0.3% paired with stable position size—typical short-squeeze fuel. The 4H Bollinger Band middle line around 0.0055 has buy orders propping it up; the 1H MACD forms a death cross, but the volume is shrinking, and bearish momentum is exhausting.
🎯 Direction: Go long
⚡ Entry/Order: Staggered entries within 0.0060 - 0.0063
🛑 Stop Loss: 0.00578
🚀 Target 1: 0.00738
🚀 Target 2: 0.00791
🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce positions by 50%, and move the stop loss up to breakeven. If the price drops back into the entry area, automatically exit to protect the principal.
Order book depth shows extremely thick orders hanging below 0.00634—exceeding the one-million level; the intent to defend the market is clear. The 1H RSI at 52 is neutral to slightly strong; it has not entered overbought, and upside room is opening. In this negative funding rate environment, as long as the price does not break the previous low, a bullish rebound can start at any time. The risk-reward ratio is over 2:1, making it worth setting up.
View real-time market 👇 $NOM
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