$NMR Bulls Eyeing Breakout Above Key Resistance! 🎯
On the 1h timeframe, $NMR currently at R$9.30, up by a solid +9%! The 24h high is R$9.94, with a significant volume of 929K NMR and 8M USDT. The RSI is elevated at 68, indicating increasing buying pressure.
✅ Key Observation:
#NMR is currently testing a significant resistance level around R$9.45, the previous local high, suggesting a potential breakout.
next Next Potential targets:
🎯 R$9.45 (immediate resistance - breakout confirmation level)
🎯 R$9.94 (24h high - next significant resistance)
🎯 R$10.50 (potential further resistance if breakout is strong)
Important Support Level (to watch for potential pullback):
🛡️ R$9.00 (potential near-term support zone)
📈 **Potential Price Path in the Next Hours/Days:**
#NMR/USDT is making a determined push against the critical R$9.45 resistance. A sustained break above this level with increasing volume would likely confirm a bullish breakout, potentially leading to a rapid move towards the R$9.94 (24h high) and then the R$10.50 mark. This breakout could signal renewed bullish momentum for R$NMR. However, if the resistance holds, we might see a temporary pullback to test the R$9.00 support level. Monitor volume closely for confirmation of the breakout.
Trade $NMR