$NOM /USDC BULLISH CONSOLIDATION WITH UPSIDE POTENTIAL
NOM is holding above key support after a minor pullback, forming a higher-low structure that suggests buyers are defending critical levels. The price action indicates accumulation, with momentum gradually building toward a potential continuation move.
Parabolic SAR beneath price and short-term moving averages in bullish alignment confirm trend support. Volume shows absorption during dips and expansion on upward pushes, signaling weakening selling pressure and readiness for the next leg higher.
Volatility compression near recent highs suggests energy is building for a breakout. Sustained support strengthens the case for continuation toward higher resistance zones.
LONG SETUP
Entry Zone: Pullback into short-term support / consolidation base
Stop Loss: Below the higher low and structure invalidation
Targets:
TP1 – Retest of recent swing high
TP2 – Breakout into next resistance zone
TP3 – Measured move projection from prior impulse leg
Bullish continuation remains favored while structure holds and upward momentum expands. A break below support shifts bias toward range-bound conditions.
RISK MANAGEMENT
Risk 1–2% per trade. Take partial profits at TP1 and trail stop to secure gains. Focus on structured pullback entries and avoid chasing extended candles.
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