Range breakout attempt in progress as bullish structure builds higher highs on the 1H timeframe.
$NMR Long
Market Context
Price reversed cleanly from the $7.60 area and has been printing consistent higher lows. Current move is testing range highs near $8.50 with momentum building.
Trade Plan
Entry $8.30 to $8.60
Stop Loss $7.90
TP1 $9.00
TP2 $9.50
TP3 $10.20
Structure Logic
Clear higher low sequence from $7.60 base
Strong bullish candle reclaiming $8.20 resistance
Momentum continuation into range highs
Liquidity resting above $9.00 and psychological $10.00
Risk Perspective
Sustained breakdown below $7.90 would invalidate the bullish continuation structure.
Engagement Line
A firm close above $8.60 opens the door for expansion toward $9.50 plus.
Buy and Trade $NMR
NMR
8.37
+0.12%