$NMR /USDT BEARISH REVERSAL IN PLAY ā SHARP DROP AFTER SPIKE šØ
$NMR pumped aggressively to $10.63 but failed to sustain, triggering heavy selling pressure. Price has now broken down toward $9.20, showing a clear reversal pattern with strong red momentum candles. Bulls lost control, and bears are dominating short-term action.
Trade Setup (Short):
Entry Zone: $9.25 ā $9.40
Take Profit 1: $9.00
Take Profit 2: $8.75
Take Profit 3: $8.50
Stop Loss: $9.65
Market Outlook:
Momentum has shifted strongly bearish after the rejection at $10.6. Unless bulls reclaim $9.80+ quickly, further downside remains likely. Keep an eye on $9.00 as the next major support ā if broken, deeper sell-off could follow.
