📈 Trade Setup Analysis (NMR/USDT – 1D, Binance)
Pattern / Price Action:
The chart shows NMR/USDT breaking out of a consolidation range with a significant single-day gain of +38.50%. Price closed at 11.08, well above the key moving averages (MA 7: 8.90, MA 25: 8.69, MA 99: 8.28), confirming strong bullish momentum. The high volume (SMA 9: 2.291M) supports the breakout, indicating renewed interest and buying pressure.
🎯 Suggested Trade Plan
Entry Zone: Around 11.08 USDT (current market price).
Stop-Loss (SL): Set at 9.50 USDT (below key support near MA 7 and recent consolidation).
Target Levels (TP):
TP1: 13.50 USDT (initial resistance)
TP2: 15.00 USDT (next psychological level)
TP3: 17.50 USDT (extended target if bullish trend continues)
⚖️ Risk-to-Reward Ratio (RRR)
Entry: 11.08
Stop-Loss: 9.50 → Risk = 1.58
TP1 (13.50): Reward = 2.42 → RRR ≈ 1.53 : 1
TP2 (15.00): Reward = 3.92 → RRR ≈ 2.48 : 1
TP3 (17.50): Reward = 6.42 → RRR ≈ 4.06 : 1
📊 Probability of Success
Bullish Factors: Strong breakout above all MAs, high volume confirmation, and strong daily close.
Risks: Overbought conditions may lead to short-term pullbacks; profit-taking likely near resistances.
👉 Estimated Probability:
70% chance of hitting TP1.
50% chance of reaching TP2.
30% chance of achieving TP3.
✅ Summary:
This is a bullish breakout trade with a clear momentum push. Suggested stop-loss at 9.50 USDT, with upside targets at 13.50 → 15.00 → 17.50. The risk-to-reward ratio improves significantly at higher targets (TP2 and TP3). Trade with caution and monitor volume for sustainability.