$NMR /USDT Trading Signal - Potential Pullback Setup
Current Price: $13.78
Timeframe: 15M
$NMR /USDT is retracing from a high of $14.22, finding potential support near its MA(99) at $13.67. The current price action suggests a possible bounce or continuation of the pullback.
Trade Setup
Long Entry Zone: $13.65 - $13.80
Target 1: $14.00
Target 2: $14.25
Stop Loss: $13.50
Market Observations
Indicators: MA(7) is near MA(25), showing neutral momentum. MA(99) acts as a strong support zone.
Trend: Break above $14.00 may confirm bullish momentum, targeting recent highs at $14.22 or beyond.
Risk Management: Enter with caution at key levels. Use a tight stop loss to mitigate risks during this volatile phase.
