$NOM Trade Setup — Short Opportunity
Market Context:
Price shows strong rejection after the distribution phase.
Lower high structure forming, #signaling sellers in control.
Breakdown below $0.00250 confirms continuation of bearish momentum.
Entry Zone (SHORT): $0.00240 – $0.00255
Stop Loss: $0.00275
Take Profit Targets:
TP1: $0.00220
TP2: $0.00200
TP3: $0.00180
Why This Setup Works:
Clear lower high after prior pump.
Strong rejection from the $0.00300 supply zone.
Sellers are gaining control → momentum favors downside.
Trade Plan:
Enter short in the defined zone.
Manage risk with SL above recent highs.
Scale out at TPs or trail stop to lock in profits as price moves lower.
$STO
$PLAY