$NMR /USDT SHORT TRADE SIGNAL 🔻

NMR is showing exhaustion near the 16.50 resistance zone after multiple failed breakout attempts. Price is now rejecting from the upper trendline with declining volume — indicating possible short-term bearish momentum. If the structure breaks below $16.00, further downside could accelerate toward key support levels.

Trade Setup:

Entry: 16.00 – 16.20

Target 1: 15.70

Target 2: 15.40

Target 3: 15.00

Stop Loss: 16.60

Key Levels: Resistance 16.50 – 16.70 | Support 15.40 – 15.00

Market Outlook:

Bearish momentum may extend as long as price stays below 16.50 resistance. Watch for a clean rejection candle on the 4H timeframe to confirm entry. If Bitcoin weakens further, NMR could retest the lower channel near $15 for potential profit-taking.

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