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$NOM …Vertical Expansion Exhaustion
Short & NOM/USDT
Entry: 0.00760 – 0.00790
SL: 0.00840
TP1: 0.00700
TP2: 0.00620
TP3: 0.00540
Parabolic move into resistance with extended candles signals potential exhaustion after aggressive upside expansion. Price is now tapping into a supply zone with slowing momentum and early rejection signs. Such vertical rallies often lead to sharp pullbacks as liquidity gets taken below, making a corrective downside move the higher probability scenario.
Short & NOM/USDT
Entry: 0.00760 – 0.00790
SL: 0.00840
TP1: 0.00700
TP2: 0.00620
TP3: 0.00540
Parabolic move into resistance with extended candles signals potential exhaustion after aggressive upside expansion. Price is now tapping into a supply zone with slowing momentum and early rejection signs. Such vertical rallies often lead to sharp pullbacks as liquidity gets taken below, making a corrective downside move the higher probability scenario.
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