$NOM saw long liquidations, indicating that overleveraged buyers were flushed from the market. After such moves, price often attempts to stabilize near demand before choosing its next direction. A strong reaction from support could trigger a relief bounce.
Support: 0.00755
Resistance: 0.00860
EP: 0.00793
TP: 0.00815–0.00875
SL: 0.00730
Leverage reset opens room for recovery.
