$NOM has recorded short liquidations, forcing bearish traders to cover positions as buyers regain momentum. Price is attempting to establish support above a key accumulation zone.
Entry: $0.00166–0.00170
Support: $0.00162
Resistance: $0.00175
Next Target: $0.00185
Stop Loss: $0.00158
A sustained breakout above resistance could attract fresh buying interest and strengthen the bullish trend.
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