📉Altcoin $NOM — short-term pullback / continuation setup
📊Price is moving inside a strong ascending channel on M15, holding above key EMAs and showing bullish momentum.
However, the asset is approaching a major resistance zone around 0.00300 – 0.00304, while RSI is near overheated territory and volume is spiking — this often leads to a local pullback before continuation.
Given NOM’s recent extreme volatility and whale-related sell pressure, expect sharp moves in both directions.
💡 Technical scenario
🎯 Short entry zone: 0.00298 – 0.00304
🎯 Targets: 0.00288 → 0.00280
⛔️ Stop-loss: above 0.00308
📈 Alternative bullish scenario:
If price breaks and holds above 0.00304 with strong volume, continuation toward 0.00315+ is likely.
⚠️ This looks more like a scalp short at resistance in flat pattern, not a full trend reversal.