$NOM has already added about 30%, but the most interesting part may still be ahead. 👀
Despite the drop in volume over the weekend, the price continues to be pushed higher thanks to the opening of longs in futures.
Additional support for the move comes from liquidity clusters on the heatmap, and the low weekend liquidity makes the order book even thinner.
If buyers manage to maintain their pressure, the market is capable of pushing the price significantly higher than most currently expect.
It’s precisely during periods of low liquidity that the most aggressive moves are born.
Despite the drop in volume over the weekend, the price continues to be pushed higher thanks to the opening of longs in futures.
Additional support for the move comes from liquidity clusters on the heatmap, and the low weekend liquidity makes the order book even thinner.
If buyers manage to maintain their pressure, the market is capable of pushing the price significantly higher than most currently expect.
It’s precisely during periods of low liquidity that the most aggressive moves are born.