Which one should we choose now:
$NOM or
$STX ? Share my opinion.
For
$NOM , the current price is 0.001570: RSI is 56. There’s no volume going up anymore, so it can’t push higher. Plan: short the rebound at 0.001590, stop loss at 0.001632, and target 0.001550. The funding rate is +0.0050%, and long/short are still fairly balanced—not extreme. Trading volume is 0.7M, and the volume strength is clearly bigger than the past two days.
For
$STX , the current price is 0.2393: This week’s MACD has already moved above the 0-axis. On a pullback to 0.2373, take a long position, stop loss at 0.2323, and target 0.2415. RSI is 49 and a bit hot, so you can only follow with a small position.
The conclusions are different: For
$STX I’m leaning bullish. For the other one, I’d rather wait and observe—don’t force trades.
That’s the whole thought process—no beating around the bush. If you really want to trade, remember these eight words: enter in batches, set a stop loss, don’t go all-in—there’s always another chance.
With turnover of 0.7M, this volume can support a move.
At this level, the “bottom-picking” value is quite low. I’d rather wait for the rebound to 0.001590 and then short.
To sum up: I’ve already written the direction above. The rest is execution. Don’t fill your position all at once—set your stop loss properly. Only what you earn is really yours.
If you understand, hit like.
#NOM #STX
$NOM $STX $PEPE