$NOM – Rejection from resistance signals fading momentum after sharp pump

Trade Setup: Short $NOM

• Entry Zone: 0.00750 – 0.00790

• Target 1: 0.00700

• Target 2: 0.00650

• Target 3: 0.00600

• Stop Loss: 0.00850

Price spiked aggressively into the 0.0083 resistance level but was quickly rejected, now consolidating with lower highs forming on the charts. The weakening momentum following the pump suggests sellers are beginning to take control, increasing the likelihood of a downside continuation toward the lower support targets.

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NOM
NOMUSDT
0.006842
+18.99%