$NOM /USDT is showing a sharp rebound after a prolonged downtrend, currently trading near 0.0025. The chart indicates a strong bounce from the 0.0017–0.0018 support zone, where buyers stepped in aggressively. This move is supported by a sudden increase in volume and a vertical price expansion, suggesting short-term momentum shift. However, the broader trend still remains bearish, with lower highs dominating the higher timeframe. Immediate resistance lies around 0.0026–0.0028, and a break above this zone could open the path toward 0.0030. On the downside, support is now forming near 0.0022, with stronger demand below 0.0020. The current move appears to be a relief rally rather than a confirmed trend reversal. Traders should be cautious of sharp pullbacks after such rapid pumps. If price consolidates above 0.0024, it may build a base for continuation. Overall, NOM is in an early recovery phase, but still requires confirmation before turning fully bullish.

NOM
NOM
0.00235
-20.33%