The crypto market just witnessed a stunning surge as $NMR
NMR/USDT skyrocketed from $12.82 to $21.85 within hours – marking a +70% rally before slight retracement. Currently, NMR is consolidating around $19.44, holding strong gains with impressive volume support.
📈 Chart Breakdown:
The parabolic rise shows strong bullish momentum fueled by massive buying pressure.
The 21.85 top is now acting as immediate resistance, while the 19.00 zone (MA25) is providing short-term support.
If $NMR holds above $19, we could see another breakout attempt toward $22+.
Failure to hold could drag it back toward the 16.30 – 17.00 support range.
🚀 What makes this move interesting?
The rally wasn’t just a random pump – volume spiked massively, suggesting institutional or whale involvement. This sharp uptrend followed by a healthy consolidation hints that $NMR could be gearing up for its next leg higher. Traders are closely watching whether the price can reclaim $21.85 to confirm bullish continuation.
⚡ Final Thoughts:
The momentum is alive, and NMR/USDT has entered the spotlight. This pattern could be a prelude to something bigger – either a strong bullish continuation or a sharp correction. Stay alert, because volatility = opportunity.
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