$NOM is bleeding hard – down -18.28% today, trading around $0.04228 after a massive dump from $0.05174 to a 24h low of $0.03786.
The chart shows a brutal long red candle with a bounce attempt from $0.03786 lows, but no strong support is visible on the left. This signals that sellers still control the momentum.
🔑 Trade Setup
Entry Zone: $0.04100 – $0.04300
Targets:
🎯 Target 1: $0.04480
🎯 Target 2: $0.04720
🎯 Target 3: $0.05050
Stop Loss: $0.03920
⚡ If the price breaks above $0.05174 with strong volume, it could flip momentum and trigger a fast short squeeze to the upside. Until then, trade carefully – risk management is key.
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