#NMR 's Wild Rise – Buy the Dip❓Last night, $NMR surpassed 13 $ with strong bullish momentum, but it is now cooling down near $10. This pullback could be a golden buying opportunity before the next rise❗Are you stocking up❓$NMR Faces a Strong Decline After Reaching $13.30.... $NMR is currently trading at $10.79, up 28.30% over the last 24 hours. The price peaked at $13.30 $ before a sharp decline, indicating a possible correction after a strong rally.
NMR
10.57
+23.77%
Key Levels to Watch
Resistance: $11.50 $ – A break could push NMR towards $12.50 $ and $13.30.
Support: $10.00 $ – Losing this level could lead to a further drop towards $9.00.
Trading Setup
Long Entry: Above $11.00, targeting $12.50 $ and $13.30.
Short Entry: Below $10.00, expecting a move towards $9.00.
Stop Loss: Adjust based on risk tolerance.
Market Outlook
RSI at 27, indicating oversold conditions, which could lead to a rebound.
Parabolic SAR has turned bearish, signaling a possible continued correction.
Volume is decreasing, suggesting profit-taking after the rally.
NMR has cooled off from its highs and could strengthen before the next major move. Monitoring support and resistance levels is essential to determine the next trend.
