$NOM is trading in a short term downtrend after sustained selling pressure with price now stabilizing near the 0.0078 support zone.
Selling momentum has slowed and buyers are attempting to defend this demand area.
A solid hold here could lead to a relief bounce toward nearby resistance.
Trade Setup Long
Entry Zone 0.00785 0.00805
Target 1 0.00835
Target 2 0.00870
Stop Loss 0.00760
Momentum remains weak so confirmation through support holding is important before expecting continuation.
