$NOM NOM is still in a volatile trap, current price 0.004070, with resistance and support both above and below.

• RSI is at 87, indicating that the short-term has entered the overbought zone.

• MA5 is above MA20, and the short-term trend has not been broken yet.

• The trend line on the 4H chart is still intact; as long as the closing price does not break this line, the structure can still be considered.

• The price has already broken out of the upper Bollinger Band, increasing the risk of a pullback.

Bullish scenario: Wait for the price to stabilize at 0.004082 to follow in, and if it pulls back without breaking 0.004070, it can also be entered early.

Upper target: First look at 0.004123, then at 0.004164.

Bearish/reversal scenario: If there is a 'false breakout + quick recovery below 0.004082', and simultaneously OI rises again, that would indicate a precursor to a squeeze on long positions.

In short: As long as there is no solid breakout on the 1H, the area between 0.004070 and 0.004082 is still a zone for bulls to enter.

$ONT $KDA