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$NOM is currently trading around $0.00525 after facing rejection near the $0.0067 resistance zone. Price has moved below short-term moving averages, showing weak momentum in the short term.
Support is holding near $0.0050 — if buyers step in here, a bounce toward $0.0056–$0.0060 is possible. However, losing this support could lead to further downside.
Traders should watch volume closely for confirmation of the next move. A breakout or breakdown from this range will likely decide the short-term trend.
$NOM is currently trading around $0.00525 after facing rejection near the $0.0067 resistance zone. Price has moved below short-term moving averages, showing weak momentum in the short term.
Support is holding near $0.0050 — if buyers step in here, a bounce toward $0.0056–$0.0060 is possible. However, losing this support could lead to further downside.
Traders should watch volume closely for confirmation of the next move. A breakout or breakdown from this range will likely decide the short-term trend.