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$NMR Numerai Targets Breakout — Will Bulls Clear the $13.50 Barrier?**
**Market Snapshot**
$NMR is currently priced at **$13.47**, posting a **+1.51%** increase in the last 24 hours as buyers attempt to recover from recent swings. The coin is trading within a narrow range of **$13.20–$13.50**, and this compression hints at an upcoming decisive breakout.
With **1.22M USDT** in daily volume, trading activity is climbing, suggesting traders are positioning for a potential surge. Historically, price action around the **$13.50** area has often sparked strong, momentum-led movements.
**Key Price Zones**
* **Resistance:**
• **Immediate:** $13.50–$13.55 — A sustained move above this range could open the door for further upside.
• **Targets:** $13.80 and $14.10 — Prior swing points where sellers previously took control.
* **Support:**
• **Primary:** $13.20 — The first line of defense for maintaining the short-term bullish structure.
• **Major:** $12.90 — A breakdown here could expose the asset to declines toward $12.50.
**Trade Outlook — Two Possible Plays**
* **Bullish Scenario:**
A confirmed breakout above **$13.50** may fuel upside continuation toward:
• **TP1:** $13.80
• **TP2:** $14.10
• **Stop-Loss:** Below $13.20
* **Bearish Scenario:**
If price slips under **$13.20**, further weakness could lead to:
• **TP1:** $12.90
• **TP2:** $12.50
• **Stop-Loss:** Above $13.55
**Summary**
NMR/USDT sits at a crucial juncture — consolidating just below resistance while showing early buying pressure. A clean break above **$13.50** could restore bullish sentiment and draw in short-term traders targeting the **$14+** zone.
Conversely, another rejection at resistance might send the pair back toward **$13.00**, where renewed demand could emerge. Monitoring volume expansion during any breakout will be vital to confirm direction.
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