$NOM is showing strong bullish activity, currently trading around 0.00737, up roughly +7% in the last 24 hours. After a solid bounce from the 0.0069 area, price pushed into a local breakout attempt near 0.0077 and is now consolidating above previous resistance — a healthy sign.
On the 1H timeframe, bullish candles and higher lows suggest momentum is rebuilding, not fading.
Trade Setup (Momentum Continuation)
Entry Zone:
• 0.00725 – 0.00740 (pullback & consolidation buy)
Targets:
• Target 1 : 0.00775 (recent high retest)
• Target 2 : 0.00820 (range expansion zone)
• Target 3 : 0.00880 – 0.00900 (breakout continuation)
Stop Loss:
• 0.00695 (below key support & structure)
Market Insight
Price already respected 0.0069 as strong support
Consolidation above 0.0072 keeps bulls in control
A clean break above 0.0077 with volume can trigger a fast expansion move
Risk–reward remains favorable as long as price holds above support
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NOM
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