š $NMR / USDT ā Short Trade Signal š¦
Bears Grinding Lower ā New Lows on the Horizon ā ļøš
$NMR is stuck in a firm downtrend, dropping nearly 10% in the last 24 hours and printing fresh daily lows at $17.83. The price structure shows persistent lower highs, and there's little sign of bullish recovery. Sellers remain in full control, with downside continuation likely if the $17.80 level gives way.
š Trade Setup
Entry Zone: $17.80 ā $18.00
Stop Loss: $18.40
Leverage (Optional): 3x ā 6x
Risk Margin: 2ā3% of wallet
šÆ Take Profit Targets
TP1: $17.40
TP2: $16.80
TP3: $16.20
š Market Outlook
Momentum is decisively bearish, backed by strong selling pressure (52% of the order flow dominated by sellers). Unless NMR can reclaim and hold above $18.50, the trend favors further downside. With weak demand and a clear distribution pattern, this setup points to a continuation toward lower price zones.
š Sell & trade $NMR on your preferred platform to capitalize on the ongoing downtrend.