$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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