$NOM is because price just made a sharp sell-off, swept liquidity below the recent lows, and then immediately reacted from that area. This tells me panic selling was absorbed and the market didn’t accept lower prices for long.

Market read

I’m seeing a clear sell-side liquidity sweep around the 0.0107 zone followed by a steady bounce. The structure is still corrective, but price is now forming a base and reclaiming short-term levels. As long as NOM holds above the swept low, the bias remains for a recovery move.

Entry point

I’m looking to enter around 0.0110 – 0.0113

This zone sits right above demand and offers a clean risk-to-reward setup.

Target point

TP1: 0.0119

TP2: 0.0128

TP3: 0.0142

These targets align with previous rejection zones and untouched liquidity resting above.

Stop loss

0.0106

If price goes there, the setup fails and I’m out without hesitation.

How it’s possible

Price swept sell-side liquidity, printed strong rejection wicks near the lows, and started reclaiming the intraday range. That’s usually where momentum shifts. If buyers continue defending this base, a move toward higher liquidity becomes the natural path.

I’m calm, I’m patient, and I’m following the structure.

Let’s go and Trade now $NOM