After a sharp bullish expansion, price on $NOM
USDT has entered a healthy consolidation phase above the previous breakout zone. The impulsive green candle shows strong buyer interest, followed by tight candles indicating absorption rather than panic selling. This type of structure usually forms when smart money pauses before the next directional move. As long as price holds above the 0.0076–0.0077 support area, the overall structure remains bullish, and continuation toward higher resistance is still valid.
From a long-trade perspective, the market is forming a higher low after the pullback, which keeps the bullish momentum intact. Buyers are defending the range, and any strong bullish candle reclaiming 0.0080 can open the door for a move toward 0.0085 and potentially the 0.0090 zone. This setup favors