$NOM USDT Bearish Continuation After Sharp Dump

NOM just printed a heavy distribution move with a -34% collapse, breaking multiple intraday supports in one go. Volume spiked aggressively on the sell-off, which usually signals panic exits rather than healthy pullbacks. Any bounce here is likely corrective and vulnerable to rejection.

Short NOMUSDT

Entry: 0.01120 – 0.01180

Stop Loss: 0.01290

Targets:

TP1: 0.01000

TP2: 0.00880

TP3: 0.00680