🚀 $NOM
Analysis: The "Bounce or Break" Zone! 📈
The volatility on Nomina (NOM) is insane! After peaking at $0.0200, we’ve seen a healthy -40% correction. Now, price is hugging a critical support level. Are the bulls getting ready for Round 2?
🔍 Technical Breakdown:
Current Price: $0.01128
Support Found: The price is currently stabilizing above the MA(99) (purple line) at approx. $0.0098. This is the ultimate "Line in the Sand" for bulls.
Moving Averages: We are currently below the MA(7) and MA(25), but the narrowing gap suggests a momentum shift is brewing.
Volume: Notice the massive volume spikes during the pump vs. the declining volume on this dip. This usually indicates exhaustion of sellers—the "weak hands" are out!
🎯 The "Smart Entry" Trade Setup:
Type Level
Zone of Interest $0.0105 – $0.0110 (Layering in near support)
Take Profit 1 $0.0135 (Near MA-25 resistance)
Take Profit 2 $0.0175 (Recent local high)
Moon Target $0.0200+ (Breakout target)
Stop Loss Below $0.0092 (Invalidation of the trend
💡 Strategy Tip:
Don’t FOMO! The market is testing the patience of traders right now. If we hold this floor, the recovery could be swift. If we break below the purple line, wait for a deeper retest.
What’s your move? Holding $NOM or waiting for the breakout? 👇