$NOM /USDT BULLISH BREAKOUT IMMINENT ABOVE RESISTANCE ZONE
$NOM /USDT is showing strong bullish momentum with a 7.70% daily gain and increasing volume (344.66M NOM). The price has recently bounced from the support zone near 0.01791 and is now approaching the key resistance level at 0.02333.
Technical indicators support further upside:
MACD is crossing bullishly above the signal line.
EMA alignment is bullish, with shorter EMAs turning upwards.
BOLL bands are widening, indicating increased volatility and potential breakout.
SAR dots are forming below the price action, confirming an upward trend.
Volume is backing the move, showing buyers' interest.
LONG ENTRY: On breakout above 0.02350 with confirmation
TP1: 0.02680
TP2: 0.02900
SL: 0.02150
RISK MANAGEMENT: Risk only 1-2% of your capital per trade. Adjust position size to match your risk tolerance.
#TechnicalAnalysis #CryptoTrading #Altcoins #BullishSignal #Layer1Crypto $NOM