After the rise of NOM, a pullback has occurred, with the current price at 0.00723. From the moving averages, the 7-hour and 25-hour MAs are at 0.00745 and 0.00762 respectively, with the price currently below them. However, the support from the 99-hour MA is at 0.00712, so overall it still leans towards a cautiously optimistic pattern.



If it can cleanly stand in the range of 0.0075-0.0078 (short-term resistance), there will be an opportunity to hit 0.0085-0.0092 next—that is near the recent high point of 0.00920. However, if it goes down, 0.0070-0.0068 is the first defense line, and further down is the relatively important swing low of 0.00621.

Interestingly, the trading volume was quite vigorous during the rise, but it has now pulled back. To truly extend the upward trend, we need to see if there is new buying support, and at the same time, the price needs to clearly break above the short-term moving average cluster to confirm the bottom.
NOM-4.39%
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SpeakWithHatOnvip
· 21h ago
The drop in Trading Volume is the real devil; if no one takes over, it's just a rise in vain.
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BlindBoxVictimvip
· 21h ago
When the Trading Volume drops, it means that no one is catching a falling knife. At this time, it is easiest to break through the support level. I have suffered losses here before.
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