$NOM Faces Rejection at Resistance as Bearish Pressure Builds for Next Downward Leg 📉

Trade Setup: Short

Entry zone: 0.00320 – 0.00330

Tp1: 0.00300

Tp2: 0.00280

Tp3: 0.00260

SL: 0.00365 – 0.00370

Price is struggling to hold above the mid-range after failing to sustain momentum near the 0.00363 resistance zone. Continued rejection signals weakening bullish strength and increasing probability of a downside retracement.

Volume distribution also suggests profit-taking at highs, supporting a potential short-term correction move.

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