$NMR Rockets +41%! DeFi Gainer Strong Rebound — Dynamic SAR Overhead Resistance at $17.73 Targeting $18.99 Peak Retest?
Dominating the DeFi gainer category on Binance with an impressive 38.02M USDT (2.30M NMR) trading volume backing, $NMR (Numeraire) has logged a powerful +41.98% daily gain! After surging off its 11.80 daily low to test a peak high of 17.91 on the short-term structure, price action completed a quick pull-back retrace toward its 15.47 floor support and is now pushing back up past 16.91.
Trade Bias: Strong Bullish Continuation / Scalp Rebound
Entry Zone: 16.20 – 16.85 (Accumulate long positions near trailing SAR support floor)
Targets: 17.91 ➡️ 18.99 ➡️ 20.50
Stop Loss: Below 15.30
Technically, the 15m chart displays a solid higher-low structural recovery following a clean bounce off the 15.47 local swing bottom. Parabolic SAR trailing dots sit directly overhead at 17.73 as immediate resistance, while RSI (6) holds strong in the momentum zone at 61.43. This indicator setup gives buyers prime breathing room for another upward extension leg. A decisive 15m candle close above 17.40 will clear the runway for a full retest of the 17.91 local high and the 18.99 24-hour peak.
Are you buying this support bounce... or waiting for a breakout confirmation above 17.40?
Trade Now $NMR
#NMR #Numeraire #altcoins
Dominating the DeFi gainer category on Binance with an impressive 38.02M USDT (2.30M NMR) trading volume backing, $NMR (Numeraire) has logged a powerful +41.98% daily gain! After surging off its 11.80 daily low to test a peak high of 17.91 on the short-term structure, price action completed a quick pull-back retrace toward its 15.47 floor support and is now pushing back up past 16.91.
Trade Bias: Strong Bullish Continuation / Scalp Rebound
Entry Zone: 16.20 – 16.85 (Accumulate long positions near trailing SAR support floor)
Targets: 17.91 ➡️ 18.99 ➡️ 20.50
Stop Loss: Below 15.30
Technically, the 15m chart displays a solid higher-low structural recovery following a clean bounce off the 15.47 local swing bottom. Parabolic SAR trailing dots sit directly overhead at 17.73 as immediate resistance, while RSI (6) holds strong in the momentum zone at 61.43. This indicator setup gives buyers prime breathing room for another upward extension leg. A decisive 15m candle close above 17.40 will clear the runway for a full retest of the 17.91 local high and the 18.99 24-hour peak.
Are you buying this support bounce... or waiting for a breakout confirmation above 17.40?
Trade Now $NMR
#NMR #Numeraire #altcoins