🔥 $NOM EXTREMELY OVERSOLD (J AT 9.86)! IS A BOUNCE COMING AFTER THE EMA 25 RETEST? 🚀⚡
Pay attention to the move in $NOM /USDT! After an explosive rally that took the token from its floor at $0.001300 to a peak of $0.003266, the price is taking a breather, trading at $0.002277 (-3.72%).
What does the chart structure reveal?
📉 Testing Dynamic Averages: The price corrected below the EMA 7 ($0.002342), but is holding firmly above the EMA 25 ($0.002143) and the macro cushion of the EMA 99 ($0.001978).
⚡ KDJ at Rock Bottom: The J indicator collapsed below the 10 threshold (J at 9.86 / K: 26.96 / D: 35.51). Historically, such low KDJ readings point to selling pressure being completely exhausted and an imminent relief bounce.
📊 Significant Volume: $1.50M USDT (675.42M NOM) has changed hands in the last 24 hours, absorbing supply near the daily low of $0.002104.
🎯 The Challenge: Reclaim $0.002342 (EMA 7) to reopen the path back toward $0.003266.
The oscillators are charged and liquidity is ready...
SEND IT HIGHER! 🚀🟢📈
Are you taking advantage of this EMA 25 retest on $NOM or waiting for confirmation higher up? 👇
#NOM #Nomina #BinanceSquare
Pay attention to the move in $NOM /USDT! After an explosive rally that took the token from its floor at $0.001300 to a peak of $0.003266, the price is taking a breather, trading at $0.002277 (-3.72%).
What does the chart structure reveal?
📉 Testing Dynamic Averages: The price corrected below the EMA 7 ($0.002342), but is holding firmly above the EMA 25 ($0.002143) and the macro cushion of the EMA 99 ($0.001978).
⚡ KDJ at Rock Bottom: The J indicator collapsed below the 10 threshold (J at 9.86 / K: 26.96 / D: 35.51). Historically, such low KDJ readings point to selling pressure being completely exhausted and an imminent relief bounce.
📊 Significant Volume: $1.50M USDT (675.42M NOM) has changed hands in the last 24 hours, absorbing supply near the daily low of $0.002104.
🎯 The Challenge: Reclaim $0.002342 (EMA 7) to reopen the path back toward $0.003266.
The oscillators are charged and liquidity is ready...
SEND IT HIGHER! 🚀🟢📈
Are you taking advantage of this EMA 25 retest on $NOM or waiting for confirmation higher up? 👇
#NOM #Nomina #BinanceSquare