Open Eyed

$NOM is ready to fly....watch closely

Right now I'm seeing a short squeeze developing on #NOM, and this is exactly the type of move that follows trapped sellers getting caught off guard. I have analyzed the liquidation data carefully, and $1.9853K in short positions just got cleared at $0.00551. My search shows this forced buying pressure often leads to continuation as sellers rush to cover.

This is why you need to understand that short liquidations frequently act as fuel for the next leg up.

They are currently trading near the liquidation level, and this area will decide the next major move. What's condition now is if price holds above $0.00540–$0.00545 support, continuation toward higher expansion becomes highly probable. Momentum is building, which confirms real market interest instead of weak retail movement.

This is not random movement this is structured liquidation hunting with continuation potential. Smart traders wait for confirmation and enter with proper planning.

Entry Point (EP): $0.00548 – $0.00555
Take Profit (TP):
TP1: $0.00590
TP2: $0.00620
TP3: $0.00650
Stop Loss (SL): $0.00530

Sellers are trapped and buyers are stepping in aggressively. Continuation remains the primary path if support holds. Stay patient and follow the structure of $NOM