$NOM
From a low of $0.001732 all the way up to $0.005280, an increase of approximately 205%, now fluctuating near the high point.
RSI 76.35 — Seriously overbought range
MACD golden cross upwards, histogram expanding, short-term momentum still present
Trading volume surged, MA5 has crossed above MA10, volume-price coordination
24h trading volume 52.2 billion NOM / 214 million USDT, clearly increased
Current situation:
In 3 hours increased by over 200%, RSI 76 is seriously overbought. This type of movement historically almost always leads to a rapid correction, it's just a matter of time.
Operational suggestions:
Long: do not chase the current price
Wait for a correction to 0.0035～0.0040 before considering entry,
Stop loss at $0.0028,
Target to exit near $0.0052.
Short (main direction)
Entry: Current price around 0.0050～0.0053 can take a small short position
Stop loss: $0.0058 if it closes above, exit
Target: First target $0.0038, take half off; remaining look at $0.0030
RSI 76+ threefold increase, now entering long is catching at the very top. Light short or just observe, wait for a drop before reassessing long opportunities.