The movement of whales for Nomina currency ($NOM ) shows a sharp bearish divergence as the price cools down after its massive rise of **+128%**. Recent data indicates that the **buy to sell ratio (Long/Short) is at 0.90**, where short positions represent **52.68%** of the whales' holdings. The price is currently trading at **$0.01020**, down **-8.44%** over 24 hours. Technically, the currency is struggling below the **EMA 7 average (0.0118)** after breaking a Fibonacci level at $0.0129. We are monitoring liquidity targeting at the local support level of $0.0099 while profit-taking continues.

NOM
NOMUSDT
0.00684
-4.41%

Trade Details

Type: Sell / Short (Continuation of the crash)

Entry Price: $0.01020 - $0.01050

Take Profit (TP): $0.00950 (Near the historical low of December)

Stop Loss (SL): $0.01120 (Above the recent daily high)

Leverage: Medium (5x - 8x) due to high volatility

Risk Warning: NOM is characterized by extreme volatility with RSI recently reaching level 81. Beware of the tails of the rebound candles.