$NOM /USDT just delivered a sharp expansion off the 0.007–0.008 base, flipping prior resistance into support in a single impulse. The vertical candle wasn’t random it followed a long period of compression, and the current consolidation near 0.013 shows buyers are still in control. The shallow pullback and quick stabilization suggest absorption, not distribution, which keeps the broader structure constructive.
From a trading perspective, I’m only interested in continuation while price holds above 0.0125. Acceptance here opens room toward 0.0145–0.016 on extension. I’m avoiding chasing strength and instead watching for tight consolidation or a higher low. A clean loss of 0.0118 would invalidate the bullish setup and signal momentum cooling.

