$NMR đš THE REAL TEST STARTS NOW!
NMR just made a violent move from around $12 to nearly $20⊠but after that explosive rally, the biggest question is NOT how high it can go.
Itâs whether buyers can HOLD the breakout. đ
$NMR reached around $19.75 on Oct 6, then pulled back. Today it has been trading around the $15.30â$17.86 area.
And thereâs a real catalyst behind the move:
đ Upbit opened NMR spot trading in KRW & USDT.
But hereâs the dangerâŠ
After a move this aggressive, late buyers can easily become exit liquidity.
đ BULL CASE:
Hold the $15.30â$16 area â reclaim $18 â another attack on $19.75 becomes possible.
â ïž BEAR CASE:
Lose the $15.30 area â profit-taking could accelerate.
So Iâm watching one thing:
đ„ Can NMR reclaim $18 with volume?
Or was the $19.75 spike the top?
Whatâs your call?
NFA. DYOR.
#Crypto #NMR #Numeraire #Altcoinsđđ #BinanceSquareFamily
NMR just made a violent move from around $12 to nearly $20⊠but after that explosive rally, the biggest question is NOT how high it can go.
Itâs whether buyers can HOLD the breakout. đ
$NMR reached around $19.75 on Oct 6, then pulled back. Today it has been trading around the $15.30â$17.86 area.
And thereâs a real catalyst behind the move:
đ Upbit opened NMR spot trading in KRW & USDT.
But hereâs the dangerâŠ
After a move this aggressive, late buyers can easily become exit liquidity.
đ BULL CASE:
Hold the $15.30â$16 area â reclaim $18 â another attack on $19.75 becomes possible.
â ïž BEAR CASE:
Lose the $15.30 area â profit-taking could accelerate.
So Iâm watching one thing:
đ„ Can NMR reclaim $18 with volume?
Or was the $19.75 spike the top?
Whatâs your call?
NFA. DYOR.
#Crypto #NMR #Numeraire #Altcoinsđđ #BinanceSquareFamily