Analysis : The market has witnessed an explosive move today from Onomy Protocol ($NOM ), which is currently leading the gainers list with a staggering +105.32% increase. While the broader market, including $BTC and $SOL , is experiencing a downturn, NOM has decoupled from the trend, hitting a price of $0.01698.
Technically, this massive green candle indicates a strong accumulation phase followed by a high-volume breakout. However, after such a parabolic move, traders should be cautious of a potential "cool-off" or retracement to test the previous resistance levels. If NOM maintains its position above the $0.015 support, the momentum could carry it even higher. As always, manage your risk and don't chase the top.
Hashtags:
#WriteToEarn #NOM #CryptoGains #AltcoinSeason #BinanceSquare
Binance ID: 1191483450
🎁: BP5XHB6YHC
