$NMR is 38.16% up in 24 hours .

The current price is 20.67 .

The combination of a series of red candlesticks, a "death cross" pattern with the moving averages, and the price being in the lower half of the Bollinger Bands indicates a short-term bearish trend for NMR/USDT.

However, the RSI is not in the oversold zone, which means there could be more room for the price to fall before a potential rebound.

The recent "squeeze" in the Bollinger Bands also suggests that a period of increased volatility and a significant price move could be on the horizon.#AltcoinBreakout