📊 $NOM – The Full Market Picture
🚨 Liquidity has been aggressively drained from 0.003263 down to a sharp decline, where all the weakness in the market (Weak Hands Flush) has been clearly cleaned out.
📉 The recent movement shows:
A strong break from the peak
An extended drop with clear selling pressure
Then a quick rebound to attempt to "scare" the traders (Shakeout)
💡 Current scenario:
The previous violent correction has already achieved the first and second targets, which means that a large part of the move has been completed, and what remains now is:
Either a continuation of the drop if the price fails to reclaim the broken areas
Or a temporary rebound to retest the resistance before any new direction
🧠 The main idea:
The market is now in a "Accumulation/Distribution" phase after the significant unloading, with no fully clear direction.
⚠️ Important notice:
Quick rebounds in this area are often deceptive (Liquidity grabs), so confirmation of volume is necessary before any new entry decision.
If you like, I can turn it into a complete trading plan (Long vs Short scenarios) with precise levels 👍