$NMR /USDT
📊 NMR/USDT Snapshot
MetricValueCurrent Price$7.8124h Change+7.72% 🔼 (strong gainer)24h High / Low$8.18 / $7.2324h Volume (NMR)617,91224h Volume (USDT)$4.77MExchangeBinanceCategoryDeFi / Gainer
📈 Key Technical Levels
TypePrice RangeResistance (R2)$8.18 – $8.27 (24h high zone)Resistance (R1)$7.88Current Price$7.81Support (S1)$7.49Strong Support$7.11 – $6.72
🧠 Market Sentiment
Up nearly 8% = strong bullish momentum
Nearing 24h resistance zone — potential for breakout or rejection
Good volume — confirms buy-side interest
Higher low formation likely forming above $7.11 → bullish structure
⚔️ Trade Setups
🟢 1. Breakout Continuation Setup
Entry: On confirmed breakout above $8.20 (candle close above resistance)
Stop Loss: $7.75
Target 1 (TP1): $8.60
Target 2 (TP2): $9.00
Target 3 (TP3): $9.25+ (depends on volume)
📌 Confirm with:
High volume breakout
MACD bullish cross or RSI > 60
🟡 2. Pullback Long Setup
Entry Zone: $7.50 – $7.60 (if price cools)
Stop Loss: Below $7.23 (24h low)
TP1: $7.88
TP2: $8.18
TP3: $8.60
🟢 Ideal if BTC is stable + market sentiment remains bullish
🔴 3. Short Rejection Setup (High Risk)
Entry: If price rejects hard from $8.18 with a long wick + volume drop
Stop Loss: $8.25
TP1: $7.60
TP2: $7.11
⚠️ Only consider this if BTC is dropping or if NMR forms bearish divergence on RSI
🧭 Strategy Summary
ScenarioActionBreaks and holds > $8.18Long to $8.60–$9.25Pulls back to $7.50–$7.60Bounce long setupRejected from $8.18 + low volumeCautious short to $7.50
✅ Pro Tips
Monitor 15m and 1h candles for breakout confirmation
Watch for volume divergence (rising price but falling volume = weak rally)
Check BTC/ETH to validate trend continuation
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