$NMR
✅ Entry Zone (Long):
Enter between $16.20 – $16.50 after confirmation of support hold.
Safer entry if price closes above $17.00 with strong volume.
✅ Exit Targets:
Target 1: $17.50 (short-term resistance)
Target 2: $18.80
Target 3: $19.80 (previous high)
✅ Stop Loss:
Below $15.80 (to avoid fake breakout traps).
Entry for Short (if bearish breakdown):
If price breaks below $16.00 with strong volume, short entry.
Target 1: $15.00
Target 2: $14.00
Stop Loss: Above $16.80.
RSI (6): 52.10 → Neutral (neither overbought nor oversold)
Volume: Slightly decreasing after a big move upward
Trend: Price bounced from $13.88 support and is now consolidating.
Key Levels
Support: $16.20 → If price stays above this, bullish continuation is possible.
Resistance: $17.50 → Short-term resistance.
Next Major Resistance: $19.80 → Yesterday's high.