$NMR /USDT short tread single 🔴
SHORT TRADE SIGNAL – REJECTION FROM RESISTANCE ZONE AT $9.18!
$NMR has surged to a high of $9.18 but failed to hold above it, showing signs of exhaustion near this resistance zone. Price is currently pulling back to $8.84, and the weakening momentum combined with a double-top structure suggests a short opportunity may be developing.
Trade Setup (SHORT):
Entry Price: $8.90 – $9.10
Target 1: $8.40
Target 2: $8.00
Target 3: $7.65
Stop Loss: $9.30
Why Short?
After testing the $9.18 resistance twice, $NMR is struggling to break higher. Volume is tapering off on the second attempt, and the 1H structure is forming lower highs. If $8.70 breaks, bears may accelerate downside pressure toward deeper supports.
Risk Management Tip:
Use a tight SL above $9.30 to protect against a breakout trap. Scale in gradually and trail your stop once the trade moves in profit.
Sell smart — don’t chase green candles when the trend is turning red!
React before the breakdown — hesitation costs more than losses!
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