$NOM — Short Update 📉
The $NOM short is moving in the expected direction and starting to show follow-through on the downside. Price is gradually losing strength, with sellers stepping in and keeping pressure on the market.
After the rejection from the upper zone, the structure is turning weaker with lower highs forming — a sign that momentum is shifting in favor of bears.
If you’re in the trade:
✅ Consider moving your stop-loss into profit to lock in gains
✅ Hold the position while downside momentum continues
✅ Take partial profits at key support levels for safer management
As long as price stays below resistance, the bearish outlook remains intact and further downside is likely if momentum expands 📉🔥
Stay disciplined and manage your risk properly.
#NOM #CryptoTrading #Binance #ShortTrade #TradingSignals
