Exhaustion Pullback Structure on $NOM /USDT – Short Setup
Short – NOM/USDT
Entry: 0.00275 – 0.00282
SL: 0.00305
TP1: 0.00255
TP2: 0.00230
TP3: 0.00200
NOM shows a classic post-rally exhaustion pattern after an aggressive impulsive move, followed by distribution and lower highs forming near the top. Price is failing to reclaim previous highs and is now rotating below resistance, indicating weakening bullish momentum. With liquidity resting below and no strong continuation structure, a downside sweep toward lower demand zones remains the higher-probability path.