Pair: #NMR/USDT

Timeframe: Monthly candles (1M)

Change: +154% (strong bullish monthly move)

🔎 Chart Highlights:

🔥1. Falling Wedge Pattern

The price has been in a long downtrend since 2021.

A falling wedge has formed, which is usually a bullish reversal pattern.

🔥2. Support Zone. #FedDovishNow

Strong long-term support around $11.80 – $12.00 (price bounced here multiple times).

🔥3. Breakout Signal

Current candle shows a big bullish breakout from the wedge. #crypto

This indicates buyers are stepping in strongly.

🔥4. Resistance Levels Ahead. #TradingSignals

Next resistance zone: $40 – $60

Major resistance: $100 (previous high).

📈 Summary: $NMR

NMR has been consolidating for years, but this strong breakout above $20 signals a potential trend reversal. If momentum continues, targets could be $40+ in the mid-term, while $12 remains the key support.