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【$NOM Signal】Long + Explosive Breakout
$NOM surged over 100% within 24 hours, with price action indicating a classic short squeeze breakout. The trading volume of 359M and open interest of 850 million surged simultaneously, showing that major funds are entering the market to push the price up, rather than a simple short squeeze.
🎯 Direction: Long
🎯 Entry: 0.0158 - 0.0162
🛑 Stop Loss: 0.0145 ( Rigid Stop Loss )
🚀 Target 1: 0.0185
🚀 Target 2: 0.0200
$NOM After the breakout, there was no deep correction, and the price has been consolidating strongly above the breakout zone. The massive volume and high open interest indicate a fundamental change in market structure, with new funds absorbing all LTF sell orders. As long as the price stays above 0.0150, the short squeeze trend has a very high probability of continuing into the next liquidity zone.
Trade here 👇 $NOM
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