$NOM
Price went absolutely vertical — clean impulsive move up, smashing through resistance and printing higher highs like it’s nothing. That’s strong momentum.
Now? We’re getting a pullback. Totally normal after a move like that — this isn’t weakness yet, it’s just the market cooling off.
What’s happening now:
Price is pulling back into a key demand/support zone around $0.00603 – $0.00556
This zone lines up nicely with:
Previous consolidation base
0.5 Fib (~$0.00619) and near the 0.618 Fib (~$0.00523)
EMA cluster support acting as dynamic support
This is a high-confluence support region, not just a random level.
You can already see buyers stepping in — wicks + small bounce reaction = demand is alive.
Trade Setup:
Entry: ~$0.00606 (right inside the support zone)
Stop Loss: ~$0.00506 (below the support region — if this cracks, structure is cooked)
Targets:
TP1: $0.00849 — first resistance, expect some selling here
TP2: $0.01250 — full send target if momentum comes back strong
Structure Insight:
Trend is still bullish as long as this $0.00603 – $0.00556 support zone holds
This is a textbook buy-the-dip in an uptrend
EMAs are still supportive — no major breakdown yet
Lose this support region → higher chance of deeper correction
Summary:
Big impulse → clean pullback → strong support zone retest.
This is exactly where smart money looks to reload. If buyers defend this region, we likely get continuation and another leg up.
@nom_crypto