NOM current price 0.001620 · 24h +2.5% · RSI 53.3|Support 0.001610 / Resistance 0.001640, range-trading—buy low and sell high|Upper distance to resistance 1.2% / Lower distance to support 0.6%, same direction
This kind of grindy market—I usually just observe NOM and don’t trade.
Risk control comes first. Everyone keeps saying NOM is going to crash, but I actually think 0.001610 has support.
So what do we do now? If risk control isn’t solid, profits end up at zero.
NOM is stuck in the 0.001610~0.001640 range. Current price is 0.001620, RSI 53.3. In this kind of sideways chop, I don’t bet on a one-way move. I’ll only go long if it breaks above 0.001640; if it breaks below 0.001610, I’ll exit directly. I won’t do anything in the middle.
Don’t listen to the call-outs—watch the chart yourself; that’s the most reliable. You can take others’ logic as reference, but your orders must follow your own plan.
I only act at levels I understand. If I can’t read it, I wait. How do you usually judge positions like this?
#NOM #币安广场 #sideways consolidation