🚀 $NMR /USDT Technical Analysis Update
The market has seen heavy volatility with $NMR currently trading around 17.75, after a sharp 19% drop in the last 24H. The 24H high touched 23.03, while the low reached 17.04, showing how aggressive sellers have been.
🔑 Support Zone: The first key support lies at 17.00 – 17.20, where buyers may look to defend and slow down further downside pressure. If this zone holds, it can provide a solid base for a short-term rebound.
📈 Resistance Zone: On the upside, the immediate resistance is found between 18.50 – 19.00. Only a breakout above this level can shift momentum back in favor of the bulls and open doors towards 19.50 – 20.00 levels.
🎯 Entry Strategy: Smart traders can consider entries around 17.00 – 17.20 support with a tight stop loss below 16.50. For safer confirmation, waiting for a breakout and close above 18.50 will provide a more reliable entry, targeting the next resistance levels.
⚡ In conclusion, $NMR is at a critical juncture—holding above 17.00 may fuel a bounce, while a close above 18.50 can confirm bullish continuation. Risk management is key in such volatile conditions.
Would you like me to also add Take Profit levels (TP1, TP2, TP3 with 🎯 emojis) in the same style you normally post for signals?
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