Here's a technical overview for $NMR /USDT as of the most recent update:

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Numerai (NMR/USDT) Overview

Current Price: $9.00

24h Change: -8.54% (strong bearish move)

24h High / Low: $10.33 / $8.96

24h Volume:

NMR: 334,218.86

USDT: $3.23M

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Technical Indicators

MA(5): 438.55 (likely volume moving average)

MA(10): 327.24

MA(60) Price: $9.08 (current price below MA60)

Support Level: $8.96 (24h low and key short-term support)

Resistance Level: Around $9.13–$9.17

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Trend Insight

Price is below MA60, suggesting short-term bearish momentum.

Decline of over 8% puts NMR at risk of testing sub-$9 support again.

Low volume (22.22 on last candle) near support could indicate hesitation from both buyers and sellers.

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Potential Scenarios

1. Bearish Continuation:

If $8.96 fails to hold, next support could be $8.70 or $8.50 zones.

2. Bounce Scenario:

A bounce from $8.96 with volume could test $9.13–$9.20 (intraday resistance).

3. Reversal Signal:

Look for bullish divergence on MACD or RSI near these lows if you're planning an entry.

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