$NOM — Breakout Retest Holding, Bulls Ready for the Next Leg
Long $NOM
• Entry: 0.00278 – 0.00286
• Stop Loss: 0.00264
Targets:
• TP1: 0.00298
• TP2: 0.00312
• TP3: 0.00326
• TP4: 0.00342
NOM is showing strong resilience after its sharp impulsive move from the 1D base. What we are seeing now is a healthy consolidation above the breakout area, which is exactly what bulls want before another expansion phase. The 4H structure remains constructive, while the 1H timeframe is forming a tight pullback, suggesting momentum is cooling down instead of reversing.
This pullback looks like a normal retest after a strong rally, and as long as the 0.00270 – 0.00264 zone holds, the bullish structure stays valid. A clean reclaim above 0.00290 could trigger the next push toward the upper targets.
The setup remains bullish as long as buyers defend support. Manage risk properly and watch for a volume spike on the next bounce.
Trade $NOM here 👇🏻
