$NOM
🚀Bullish Reversal Setup 🚀
$NOM is currently testing a crucial support zone I am looking for a potential bounce-back and trend reversal.
📊 Trade Strategy:-
Support Bounce: Price is holding steady at the major support level.
Entry Confirmation: I am waiting for the price to bounce from this support and close strongly above the immediate resistance level
successful candle closing above resistance will confirm the upward momentum as marked on the chart.
👀 Trade Details:
Buy / Long (After confirmation)
🟢Entry Zone: Upon candle closing above resistance (~$0.00600 - $0.00610 area).
🎯Take Profit 1: $0.00630
🎯Take Profit 2: $0.00660
🛑Stop Loss (SL): Below the recent swing low ($0.00575)