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$NOM – Lower timeframe support broken, sellers still in control
Trading Plan Short $NOM
Entry: 0.00556 – 0.00559
SL: 0.00657
TP: 0.00460
TP: 0.00400
TP: 0.00350
Sellers have consistently pushed price lower, and with no signs of a reversal, the path of least resistance remains to the downside. The broken support level is now acting as resistance, and each attempt to recover is met with selling pressure. This suggests that sellers are firmly in control.
Trade $NOM here 👇