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【$NOM Signal】Short | Volume Breakout Downward
$NOM After a volume-driven decline of -27.96%, a clear breakdown and downward structure has formed. High open interest combined with a sharp price drop suggests market logic indicating either main force distribution or long liquidation pressure.
🎯 Direction: Short (Short)
🎯 Entry: 0.0110 - 0.0115
🛑 Stop Loss: 0.0122 (Rigid Stop Loss)
🚀 Target 1: 0.0095
🚀 Target 2: 0.0080
$NOM Daily chart shows volume spike with long bearish candles, directly breaking through key support zones. Nearly 390 million in trading volume against 700 million in open interest creates a strong bearish resonance, indicating overwhelming selling absorption. Price action suggests market sentiment has shifted; a rebound into the entry zone is healthy for short covering. With no clear support below, the downward path faces minimal resistance.
Trade here 👇 $NOM
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