$NOM /USDT$ is currently showing clear bearish pressure after a sharp rejection from the 0.0036 zone, with price now trading around 0.00277. The strong upside wick followed by consecutive red candles suggests sellers are dominating in the short term. Momentum has weakened, and price is slipping below key moving averages, indicating a possible continuation of the downtrend unless a quick recovery occurs.

Price is struggling to hold above MA(25), while MA(99) acts as dynamic resistance. Volume spike shows distribution rather than accumulation.

Trade Setup:

🔻 Entry: 0.00275 – 0.00285

🎯 Targets: 0.00260 / 0.00250

🛑 Stop Loss: 0.00305

Stay cautious—wait for confirmation before entry.

NOM

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