🚀 $NMR /USDT LONG TRADE SIGNAL
🔥 Market Overview:
$NMR is rebounding from a rising trendline support, showing early signs of bullish reversal after a corrective phase. Buyers have stepped in around the $16.60 zone, forming a higher low on the hourly chart — indicating potential continuation toward upper resistance levels.
🔑 Key Levels:
Support Zone: $16.50 – $16.60
Resistance Zone: $17.40 – $17.60
📌 Trade Setup (LONG):
🎯 Entry Zone: $16.65 – $16.75
🎯 TP1: $17.10
🎯 TP2: $17.35
🎯 TP3: $17.55
🛑 Stop Loss: $16.37
💡 Market Outlook:
The trendline support remains intact, and RSI shows a potential bullish divergence building up. As long as $16.50 holds, momentum favors a bounce toward $17.50 resistance. Breaking above $17.20 could trigger accelerated upside.
📈 Summary:
Trend: Bullish Reversal
Risk/Reward Ratio: ~1:2.8
Timeframe: 1H
Setup Type: Trendline Bounce & Continuation
#NMR #CryptoTrading #TechnicalAnalysis #LONG