Saturday, March 28, $NOM Evening Thoughts:
Today saw a significant increase in volume, with an intraday rise exceeding 43%. The price briefly touched a high of 0.00260 and is currently experiencing a slight pullback for consolidation. MA(7) has crossed above MA(25) and MA(99), indicating a bullish arrangement in the moving average system. The 4-hour level shows continuous volume-driven upward movement, with MACD maintaining a positive crossover and the red bars continuing to grow, indicating clear signs of capital involvement. If it can stabilize above 0.00245 (MA7), there is potential for a further test of the 0.00260 high. If it can effectively break through, the upper space will open up towards approximately 0.0030.
Action Suggestions
Entry Range: 0.00230 – 0.00248
Target Positions: 0.00260 - 0.00280 - 0.00300
Stop Loss Price: 0.00220
The current price is in a high-level consolidation after a volume increase, with trading volume significantly larger than in previous days. If it finds support around 0.00230, it can be bought in batches; if it can establish itself above 0.00250 with volume, the rebound space will open upwards. It should be noted that if it effectively breaks below 0.00220, the short-term structure will weaken, and stop loss should be strictly enforced.
Personal views are for reference only; trading involves risks, and investment requires caution!
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