Crypto Sat
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📊 $NMR is showing a classic Double Bottom pattern on the 30-min timeframe, which is a bullish reversal signal! After a strong rally followed by a pullback, the price has now formed two clear bottoms, indicating a potential trend shift to the upside.
🔹 What’s Happening?
🔹 Massive surge followed by a correction.
🔹 Double Bottom structure forming at key support around $10.00.
🔹 Neckline resistance at $11.00—a breakout above this level could confirm a strong uptrend continuation!
📌 Key Levels to Watch
✅ Support: $10.00 - $10.10 (Double Bottom zone)
🚀 Breakout Level: $11.00 (Neckline resistance)
🎯 Potential Upside Targets: $11.50 - $12.00 - 13.50 .
If price breaks above the neckline with volume, we could see a strong rally following this reversal pattern! However, if the pattern fails, we might see a consolidation phase before the next move.
🔥 What’s Next?
1️⃣ Breakout Above $11.00 → Bullish Confirmation and a strong push toward $12.00 - 13.50 .
2️⃣ Rejection at Resistance → Possible pullback before another attempt.
Double Bottoms often lead to strong breakouts—watch closely for confirmation! 🚀
🔹 What’s Happening?
🔹 Massive surge followed by a correction.
🔹 Double Bottom structure forming at key support around $10.00.
🔹 Neckline resistance at $11.00—a breakout above this level could confirm a strong uptrend continuation!
📌 Key Levels to Watch
✅ Support: $10.00 - $10.10 (Double Bottom zone)
🚀 Breakout Level: $11.00 (Neckline resistance)
🎯 Potential Upside Targets: $11.50 - $12.00 - 13.50 .
If price breaks above the neckline with volume, we could see a strong rally following this reversal pattern! However, if the pattern fails, we might see a consolidation phase before the next move.
🔥 What’s Next?
1️⃣ Breakout Above $11.00 → Bullish Confirmation and a strong push toward $12.00 - 13.50 .
2️⃣ Rejection at Resistance → Possible pullback before another attempt.
Double Bottoms often lead to strong breakouts—watch closely for confirmation! 🚀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.