I’m telling everyone that $NOM just printed a short liquidation at $0.01144 with $4.4246K wiped, and that shows late sellers were caught in a trap. I have checked momentum and they are clearly struggling to push price back into the lower range, which tells me downside pressure is weakening for now. This is why you need to be careful here, the structure still looks fragile but my analysis says a bounce is still possible once panic fades and price stabilizes.
EP: $0.01144
TP1: $0.01190
TP2: $0.01250
TP3: $0.01330
SL: $0.01095
If you want to trade this, wait for price to calm down near entry instead of jumping in blindly.
