$NMR Short Liquidation Update
Short positions worth $35.134K were liquidated at $9.99455, confirming strong buy-side aggression and a decisive squeeze on sellers.
Market Structure
Price is holding above the liquidation level, showing clear acceptance at higher prices. This shift favors bullish continuation if momentum sustains.
Key Levels
Support: $9.85 – $9.50
Resistance: $10.40 → $11.20
Bullish Trade Setup
Entry: Break and hold above $10.40, or a controlled pullback holding above $9.85
Targets:
TP1: $11.20
TP2: $12.50
Stop Loss: Below $9.40
Market Sentiment
The heavy short squeeze flipped control firmly to bulls. With sellers forced out and structure intact, pullbacks are likely to be absorbed rather than sold.
Bullish bias remains active while price holds support and volume confirms continuation.
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