Traore scored a stunner in the 2-1 loss to Tottenham this afternoon, and he also received some rough treatment from the visitors.
Three different players – Eric Dier, Toby Alderweireld and Harry Kane – were booked for taking out on the Spaniard, taking the total of players cautioned for fouls on him this season to a whopping 24 from 26 games.
"I think the referees know. They realise they should punish the tackles – just like that – to protect the players, players that have talent like Adama," said Nuno.
"It is tough to defend and opponents do what they have to do.
"But it's up to the referee to judge. If it's over and over again, it should not be allowed.
"I think all the referees know in the cases of players like this that they must act immediately to prevent an injury.
"Sometimes a tackle can cause a serious injury to the player, and that is not fair."
To his credit, Traore was not shirked by the cynical challenges and fired Wolves level from outside the box.
That was his first goal at Molineux and a clear moment of relief for the Spaniard, but Spurs went on to have the last laugh as Jan Vertonghen headed home late on.
On Traore's goal, Nuno said: "It was a good goal.
"It's one of the things we must do. He has the talent, but it's not only Adama – Diogo Jota and Raul Jimenez had clear moments too.
"We keep on improving to try to transform these chances into goals."
Nuno, in the build-up to the game, was the subject of national reports suggesting Arsenal have sought approval from Wolves to speak to him about their managerial vacancy.
The Express & Star understands, though, that those reports are wide of the mark and Nuno would not entertain an approach from the Gunners.
Reports in national newspapers said that Nuno is part of Arsenal's 12-man shortlist – but it is thought a list so long would not appeal to Nuno.
He added on Wolves' performance against Tottenham: "We didn't get anything from the game but that's not what moves us.
"It's about what we want to do – and we did it.
"We keep on going, thinking about the next game.
"We played good. We knew it was going to be very tough.
"I think we controlled most parts of the game, we created a lot of chances – dominating and recovering the ball, high up the pitch.
"We created numerous situations, with mistakes.
"There was a mistake at the end of the game from their set-piece, but I'm very proud of the way the team performed.
"I think the crowd felt we were in the game and on the front foot, so we keep on going. We have been consistently performing and competed very well."