Quick thoughts on $NOM

NOM

0.01026

-9.92%

Bull case:

• Price Action has seen buyers coming back in since the recent high and has had more volume pop up, indicating that there may be short interest coming back

Bear case:

• The direction of the broader market (BTC) is a major risk that continues to persist

• If the volume does not continue, then we could see this stock consolidate due to low follow-through

Market decides. Stay flexible.

Bull or bear short-term?

#NOM #ETHMarketWatch #BTCVSGOLD #MarketRebound #GrayscaleBNBETFFiling