#CEXvsDEX101

Currency Analysis $NMR

🔹 Current Price: 10.87 USDT (+25.66%) 🔹 Moving Averages:

EMA 7 = 9.26

EMA 25 = 9.07

EMA 99 = 9.53

Shows a bullish crossover indicating a potential continuation of the upward trend.

🔹 Momentum Indicators:

RSI(6) = 77.58 → In the overbought zone, which may indicate a near correction.

Stoch RSI = 37.11 (still in the medium range).

Williams %R = -25.52 → Close to the overbought area.

🔹 Entry and Exit Points:

Safe Buy: Between 9.20 – 9.50 USDT (in case of correction).

Short Buy (Speculation): Upon breaking 11.00 USDT with at least a 15-minute candle close.

Partial Sell: At 11.50 – 11.80 USDT.

Stop Loss: Below 9.00 USDT.

📌 Recommendation: The asset is in a strong upward wave, but entering the overbought area calls for caution. It is better to wait for a correction to buy or speculate on a breakout of resistance.