$NOM Signal】Short squeeze pullback, ambush on the left side


$NOM After a massive surge on the 1H timeframe, the pullback shows significant buy order accumulation around 0.00225, but selling pressure sharply increases starting at 0.00227. The 4-hour MACD histogram is still expanding, but the 1-hour momentum is beginning to contract, indicating a typical high-level turnover structure after a rapid rise.

🎯Direction: Long (wait for pullback to place orders)

⚡Entry/Order: 0.00199 - 0.00200

🛑Stop Loss: 0.00200

🚀Target 1: 0.00195

🚀Target 2: 0.00193

🛡️Trade Management:
- Execution Strategy: After the order is filled, if the price rebounds above 0.00205, move the stop loss to break even at the entry point. Once Target 1 is reached, reduce half of the position and hold the remaining to aim for Target 2.

Negative funding rates as high as -0.78%, yet open interest remains stable, with bears paying high costs. In this environment, as long as the price does not quickly break below 0.002, it could trigger a new round of short squeeze. The 1-hour RSI has fallen from overbought territory to 67, providing a technical pullback space. The area below 0.00199 to 0.00200 is a dense trading zone from previous breakouts and is near the 1-hour EMA20, with clear support from funds. Risk-reward ratio exceeds 4, making this ambush worth a try.

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