$NOM Performance Breakdown ๐๐
$NOM has posted a powerful upside move, surging +110%+ in a short span and firmly placing itself among the top gainers. The price is currently trading around $0.0171, after tapping a local high near $0.0200. This sharp expansion reflects aggressive accumulation and strong speculative interest, especially after a long period of low volatility.
On the 15-minute timeframe, price action shows a classic impulse โ pullback โ consolidation structure. After the vertical breakout from the $0.009โ0.010 base, NOM entered a healthy cooling phase between $0.0165โ0.0180, suggesting strength rather than exhaustion. RSI is sitting near 46, indicating momentum has reset from overbought levels, which is constructive for continuation. MACD is easing but remains above key levels, signaling that bullish structure is still intact despite short-term slowing.
Volume expanded significantly during the breakout and is now tapering, which is typical after a strong move. As long as $0.015โ0.016 holds as support, bulls retain control. Immediate resistance lies at $0.0185โ0.020, where profit-taking pressure is expected.
Overall, $NOM is transitioning from a breakout phase into a potential continuation range. Volatility remains high, so disciplined entries, partial profits, and tight risk management are essential. In fast-moving L1/L2 narratives, patience often pays better than chasing candles.