Look for the test, not the breakout.
$NOM is retracing after tagging the daily high at 0.00823. The pullback is currently holding near 0.00785–0.00795, which is above the midpoint of yesterday's range—a constructive sign for continuation.
Why this level?
Price is respecting the prior resistance zone near 0.00770–0.00785 as new support. The volume spike near the low at 0.00691 showed clear accumulation. A hold here suggests buyers are still in control, targeting a retest of the high and beyond.
Long Trade Setup – NOM/USDT
Entry Zone: 0.00780 – 0.00795
TP1: 0.00825
TP2: 0.00855
TP3: 0.00885
Stop Loss: 0.00750
Key watch: The level to hold is 0.00770. A break below 0.00750 would shift the structure and invalidate the short-term bullish bias.
Trade the retracement, not the impulse. Enter within the zone and keep stops tight. This is a momentum follow-through play—size for risk, not for hope.$NOM
