$NOM has gone through a strong distribution phase followed by aggressive capitulation, and price is now stabilizing near the lower demand zone. The sharp sell off looks exhausted, with momentum starting to recover and downside pressure easing. Recent candles show absorption rather than continuation, suggesting sellers are losing control. If this base holds, a short term recovery toward higher liquidity zones becomes likely.
Entry zone: 0.0112 – 0.0120
Stop loss: 0.0106
Target 1: 0.0134
Target 2: 0.0150
Target 3: 0.0172
Manage risk properly and trail once targets start hitting.
