🚨 $NMR /USDT – Oversold Opportunity or More Pain Ahead? 🔥
$NMR just plunged over 17%, now hovering around $8.29. Is this a dip worth buying—or could the bleeding continue? Let’s break it down and trade it smart.
📊 Market Overview
📍 Current Price: $8.29
📈 24h High: $10.32
❄️ 24h Low: $8.07
📊 MA Levels:
MA(7): $8.29
MA(25): $8.93
MA(99): $8.89
📉 RSI(6): 34.44 (Oversold territory—potential bounce setup!)
📉 Volume: 11.29M USDT / 1.23M NMR (Spike in sell-side activity)
📈 NMR Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If NMR Holds Above $8.20):
Entry: Above $8.40
Targets: $9.64, $10.57, $11.50
Stop-Loss: $7.76
🔹 Bearish Scenario (If NMR Breaks Below $8.00):
Entry: Below $8.00
Targets: $7.76, $7.20, $6.50
Stop-Loss: $8.50
🔍 Hold or Fold?
✅ RSI in oversold zone = high bounce potential
⚠️ MA(7) is now flatlining—watch for trend direction confirmation
⚠️ If $8.00 fails, bears could take control with deeper downside
✅ Volume spike suggests big players are active—watch closely!
💡 Pro Tip:
🚀 A reclaim of $8.90 with strong momentum could trigger a sharp V-reversal
📉 Stay cautious—no confirmation = possible dead cat bounce!
📢 What’s your play on $NMR? Catching the dip or waiting for trend confirmation? Let’s chat!
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