Today the market has once again shown that the volatility of crypto can surprise anyone. $NOM saw a long position liquidation of $9.11K, and the price dropped to $0.00789. This move is a wake-up call for short-term traders, and also an important signal for long-term holders.

💹 Trade Details:

Entry Price (EP): $0.00789 – This was the level where buyers took a confident long position.

Take Profit (TP): $0.00850 – This was the target set to capture the market's fast swings.

Stop Loss (SL): $0.00750 – A crucial level for risk management, which protects against large losses.

⚡ Market Insight:

$NOM 's recent volatility has shown traders that momentum in crypto markets can change at any time. Large liquidation indicates that there was pressure on short-term longs, and the market shook them out. This is also a lesson for those traders who hold their positions without proper risk management.

💡 Tip for Traders:

Patience in the market and a proper risk strategy are very important. Liquidation events always signal both opportunity and caution.

📌 Summary:

$NOM faced long liquidation at $0.00789.

Setting entry, TP, and SL properly is essential.

The market moves fast – stay alert!

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