$NOM is showing crowded short positioning after the recent pullback, with OI still elevated but not accelerating.
Price is down around 3% on 2.2x volume, showing strong participation. Funding remains mildly negative, while thin liquidity could amplify the next move.
If momentum flips bullish, I’m watching for a continuation higher.
Trade Setup: LONG
Entry: $0.00255 – $0.00265
SL: $0.00235
TP1: $0.00280
TP2: $0.00300
TP3: $0.00330
Watching $ONDO , $BROCCOLI714 , $ENA, $TIA and $BAT too.
Not financial advice. Trade with a plan and manage your risk.
Price is down around 3% on 2.2x volume, showing strong participation. Funding remains mildly negative, while thin liquidity could amplify the next move.
If momentum flips bullish, I’m watching for a continuation higher.
Trade Setup: LONG
Entry: $0.00255 – $0.00265
SL: $0.00235
TP1: $0.00280
TP2: $0.00300
TP3: $0.00330
Watching $ONDO , $BROCCOLI714 , $ENA, $TIA and $BAT too.
Not financial advice. Trade with a plan and manage your risk.
