Most people think $NOM ‌ is dead, but have you actually looked at the floor?


We are sitting at 0.00353, and it has been a brutal slide from those February highs. But look at the last few candles daily. The volatility has completely dried up and we are just flatlining.
Usually, when a chart goes this quiet after a massive drop, something is brewing. Either it’s the final accumulation stage before a relief bounce, or it's just slow-bleeding to zero. There is some minor support here at 0.00350, which was the 24h low.
The order book is still heavy on the sell side at 61%, so there's no rush to jump in. I’m just watching to see if any volume actually returns to this pair. Until then, it's just a waiting game.
I’m keeping this on a side watchlist just in case.

#USIranTensionsImpactMarkets
NOM-1,75%
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