$NOM is trying to stabilize after the sharp pullback from the highs… I’m looking for a relief-bounce long if support holds.
Entry: 0.00565 - 0.00578
Stop loss: 0.00545
Targets:
0.00595
0.00635
0.00695
Trend is still weak after the rejection from the top, but buyers may try to defend this support zone.
If this range holds, a short-term bounce toward higher resistance can be strong.