$NOM /USDT – Rejection Played Out Cleanly 📉
Price reacted exactly from the $0.00356 high zone, confirming a strong supply area. After the rejection, the market transitioned into a clear bearish structure with lower highs and steady selling pressure, showing that buyers couldn’t defend the spike.
What happened technically:
Strong rejection from resistance → liquidity absorbed
Lower highs forming → momentum shift to downside
Follow-through selling → continuation phase activated
Trend bias flipped short-term bearish after failed breakout
Market Context: As long as price remains below the $0.00356 resistance zone, sellers retain control and any rallies are likely to be corrective rather than reversal-driven.
Bias: Bearish continuation while resistance holds.
NOMUSDT
Perp
0.002813
-14.18%