Whale activity for Nomina ($NOM ) shows a heavy bearish imbalance as the token cools off from its massive +128% rally. Recent data indicates the Long/Short ratio is sitting at a low 0.90, with short positions accounting for 52.68% of whale holdings. Currently, the price is at $0.01020, dropping -8.44% in the last 24 hours. Technically, $NOM is struggling below its EMA 7 ($0.0118) and has broken down from the $0.0129 Fibonacci resistance level. We are tracking a liquidity hunt toward the $0.0099 local support zone as profit-taking continues.

NOMUSDT
Perp
0.009525
-3.29%
The Trade
Action: Short (Breakdown continuation)
Entry Price: $0.01020 - $0.01050
Take Profit (TP): $0.00950 (Near the December historical low)
Stop Loss (SL): $0.01120 (Above recent intraday high)
Leverage: Mid (5x - 8x) due to high volatility
Risk Warning: $NOM is highly volatile with an RSI recently hitting 81. Watch for "squeeze" wicks.