💥Technical analysis: Trading scenario $NMR and important price levels
💥The NMR/USDT trading pair on the 1h timeframe is showing signs of encountering resistance after a strong bullish move. The current price is hovering around the 11.465 level. It is expected that the price will test the resistance level above again before entering a downward corrective wave toward lower support levels.
Entry Short: 11.65
Stop Loss - SL: > 12.2.
TP1 : 10.9
TP2 : 10.3
💥Note: The analysis is based on technical data from the chart and is for reference only. Always maintain risk management discipline and set a suitable Stop Loss for each trading position.
Click here to view the chart #NMR 👇👇👇
💥The NMR/USDT trading pair on the 1h timeframe is showing signs of encountering resistance after a strong bullish move. The current price is hovering around the 11.465 level. It is expected that the price will test the resistance level above again before entering a downward corrective wave toward lower support levels.
Entry Short: 11.65
Stop Loss - SL: > 12.2.
TP1 : 10.9
TP2 : 10.3
💥Note: The analysis is based on technical data from the chart and is for reference only. Always maintain risk management discipline and set a suitable Stop Loss for each trading position.
Click here to view the chart #NMR 👇👇👇
