In a single candlestick, about 2.47 million USDT is squeezed in, yet the open and close barely move. The volume is huge, but the direction didn’t go anywhere—this is even more awkward than just pushing higher.

Open $NOM and look at the one at 6 o’clock: the high reached 0.002590, but it closed at 0.002336; two hours later it closed again at 0.002268, already breaking below the low of that massive-volume candle at 0.002278. The upper wick isn’t just decoration—the subsequent price really pulled back from that push.

My tendency is to handle it as a failed action first. Unless it fully stands back above 0.002381—then bounces off the prior high—only that massive volume proves that someone was actively exchanging hands; it doesn’t prove the bulls won.