Dump incoming… don’t get trapped in fake bounce.
$NOM already lost structure and now forming lower highs with strong rejection from the top. Momentum is clearly shifting bearish, and price is breaking down from support this looks like continuation to downside.
Trade Setup:
Entry: 0.00260 – 0.00270
SL: 0.00305
TP: 0.00220 → 0.00180
Follow the trend, not emotions. Weak bounces = better short entries.