🔥 $NOM Flying... But to where? 🔥
Look at this movement in the NOM/USDT pair. We are in a very strong bullish trend, but the RSI(14) is already indicating overbought levels (70+).
If you are looking for an entry or managing your position, here are my technical levels according to the current chart:
Entry (Ideal): Wait for a pullback to the EMA(7) (yellow line) near 0.007564 for greater security.
Take Profit (TP): The psychological resistance zone and recent high at 0.012373.
Stop Loss (SL): Below the EMA(25) (purple line) at 0.005300 to protect capital if the trend changes.
Are you in Long taking advantage of the trend or waiting for the Short for the correction? I read your comments! 👇
#NOMUSDT #TradingTips #TechnicalAnalysis #BinanceSquare #CryptoTrading #BullRun #StopLoss #TakeProfit
Look at this movement in the NOM/USDT pair. We are in a very strong bullish trend, but the RSI(14) is already indicating overbought levels (70+).
If you are looking for an entry or managing your position, here are my technical levels according to the current chart:
Entry (Ideal): Wait for a pullback to the EMA(7) (yellow line) near 0.007564 for greater security.
Take Profit (TP): The psychological resistance zone and recent high at 0.012373.
Stop Loss (SL): Below the EMA(25) (purple line) at 0.005300 to protect capital if the trend changes.
Are you in Long taking advantage of the trend or waiting for the Short for the correction? I read your comments! 👇
#NOMUSDT #TradingTips #TechnicalAnalysis #BinanceSquare #CryptoTrading #BullRun #StopLoss #TakeProfit