🚨 $NOMUSDT SHORT ALERT: WEAK BOUNCE, BEARISH PRESSURE BUILDING
Entry: 0.0062 – 0.0064 (rejection) OR below 0.0058 📉
Target: 0.0053 – 0.0050 – 0.0043 🎯
Stop Loss: 0.0066 🛑
$NOMUSDT is showing signs of a weak relief bounce after a clear downtrend on the 4H timeframe. Price is currently trading below the EMA(7) and struggling around EMA(25), indicating short-term weakness and indecision. The 0.0063–0.0065 zone remains a strong resistance where sellers are stepping in. RSI is hovering around neutral (48–52), showing lack of bullish momentum, while MACD is flattening after a minor bullish crossover — a sign that buying strength is fading. Volume has also declined after the recent spike, confirming reduced interest from buyers.
This setup favors shorts unless price breaks and holds above 0.0065. A rejection from resistance or a breakdown below 0.0058 could trigger continuation toward lower support levels.