$NOM
The direction is bearish, the logic remains unchanged:
OrangeX delisted NOM spot on March 19, and Upbit had also previously delisted it, with exchanges continuously shrinking liquidity. CoinMarketCap has fallen about 46% in the past 30 days, and there are no reversal signals in the trend.
Short
Entry: $0.0036～$0.0040 for short on rebound
Stop-loss: $0.0048 close out if broken
Target: $0.0025 take profit; remaining look at $0.0018
Long (buying on an oversold rebound, very light position)
Entry: $0.0025～$0.0028 only consider buying
Stop-loss: $0.0020
Target: $0.0038 exit
In summary:
Market cap is less than 10 million, exchanges are continuously decreasing, and the new white paper is a distant prospect. Entering a long position now is like catching a falling knife, the bearish direction remains unchanged.
