#NMR
we still go bearish
Current Price: $18.925
24h Change: +102.67% (very sharp surge)
24h High / Low: $19.867 / $8.502
24h Volume: 138.69M NMR (~$2.11B in USDT)
→ This shows massive trading activity, likely driven by sudden hype, news, or whale movements.MA (7): 16.63 – short-term moving average is below price → bullish momentum.
MA (25): 15.06 – price is well above medium-term average → continuation trend.
MA (99): 10.13 – price far above long-term support → market is overheated.
This indicates strong upward momentum, but also potential overbought conditions.
Short-Term (1–2 days):
Likely high volatility. Could retest resistance at $20, but risk of correction back to $15–16 support.
Medium-Term (1–2 weeks):
If momentum continues and BTC/ETH remain stable, NMR could attempt a breakout above $20, targeting $25+.
Otherwise, a retracement toward the 200 MA zone (~$10–12) is possible.