🛑$NMR
NMRUSDT
Perp
9.139
-1.98%
BEARISH SETUP: DOWNSIDE PRESSURE ANTICIPATED
The $NMR chart shows early signs of bearish momentum after failing to hold above the 9.45 resistance level. Price is forming lower highs on the 1H timeframe, indicating sellers are gradually taking control. A break below immediate support at 9.18 could accelerate the downside, providing a shorting opportunity.
Entry: Short near 9.35–9.45 resistance
Targets:
TP1: 9.18
TP2: 9.00
TP3: 8.80
Stop Loss: Above 9.50 resistance
Risk Management: Limit risk to 1–2% per trade, scale out partially at each target to secure profits.