$NOM Cooling After Pump Next Move Coming…
NOM just had a strong impulsive move upward, but now showing signs of short-term exhaustion. After the sharp pump, price is struggling to continue higher and forming a small consolidation under resistance.
This usually leads to either a breakout or a pullback. If buyers step in again and break recent highs, another leg up is possible. But if price fails here, expect a healthy correction towards lower support before continuation.
Best approach now is patience let the market confirm direction before jumping in.