🚨 NMR Technical Outlook – Is a Bigger Move Coming? 🚨
$NMR is trading around $16.19, after swinging between $15.34 – $17.36 in the last 24h.
🔎 Key Takeaways:
Trend Bias: Bearish to Neutral — most moving averages are flashing Sell.
Momentum: RSI sits near 41–44, hinting mild oversold but not extreme.
Support Zones: $14.6 – $15.0
Resistance Levels: $16.3 – $16.6 and $17.4
📊 Scenarios to Watch:
1️⃣ If NMR holds above $15, we could see a bounce toward $16.6 – $17.4.
2️⃣ Failure to hold support may drag it lower toward the $14.6 zone.
3️⃣ A breakout above $17 with volume could flip momentum bullish.
🔥 Volatility is elevated — meaning the next breakout could be sharp.
👉 What do you think fam — will NMR defend $15 and fuel up for $18, or is a deeper dip coming first?