$NAORIS — Bearish Rejection at Resistance 📉
$NAORIS was strongly rejected near the 0.04 resistance level. A high-volume bearish candle confirms selling pressure, which often appears after a fast price rise when traders start taking profits.
Momentum is now slowing down. The price looks heavy, and buyers are failing to push higher. This increases the chance of a pullback or deeper correction.
If selling continues, price may move down toward these support levels:
• 0.03100
• 0.02850
• 0.02600
This move would also align with a short-term mean reversion toward MA7.
The bearish setup stays valid as long as price remains below 0.04150. A break above this level would shift the structure back to bullish.
🚸 NAORIS (USDT)
🔰 Leverage: 1x – 50x
📉 Direction: SHORT
✅ Entry: 0.03580 – 0.03650
🎯 Targets:
1️⃣ 0.03100
2️⃣ 0.02850
3️⃣ 0.02600+
🛑 Stop Loss: 0.04150
Trade with discipline and manage risk properly.
