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$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.

$NOM

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