$NMR /USDT – Eyeing the Bounce!
Current Price: $9.16 🔻 (-1.72%)
24H Range: $8.97 – $9.59
Volume (24H): 135,627 NMR (~$1.25M USDT)
Category: 💠 DeFi Token
🎯 Trade Setup
Entry Zone:
✅ $9.00 – $9.10 (near support, good R:R setup)
Target Zones:
🎯 TP1: $9.35
🎯 TP2: $9.59
🚀 TP3 (Extended): $9.85
Stop-Loss:
❌ $8.85 (below key support zone)
Support & Resistance
📈 Resistance:
⚔️ $9.22 → 🧱 $9.35 → 🚧 $9.59
📉 Support:
🛡️ $9.08 → 🪙 $8.98 → ⚠️ $8.94 (key zone)
Indicators Summary
🧭 EMA/SMA: Price retesting short-term averages
💥 MACD: Bearish crossover, but weakening
📉 RSI: Neutral (45) — room to move up
📏 Bollinger Bands: Tight range → breakout incoming
🐻 SAR: Slight bearish pressure
Market Vibe
NMR is holding above key support with a possible reversal brewing. If it reclaims $9.22+, expect a push toward $9.59+. Failure to hold $8.94 could invite downside.
Verdict:
⚖️ Range-bound with breakout potential — watch closely for momentum confirmation!