$NMR NMR/USDT has risen 36.59%. The most important thing now is not chasing a direction, but whether the price can hold the key range.
Current price: 13.7 USDT
24h high: 14.37
24h low: 9.71
Trading volume: about 12,848,689 USDT
The current price is nearing the upper end of the 24-hour range. Volatility has increased noticeably, and the risk of chasing or panic-selling is also rising.
My view: Only a breakout above the high with increased volume and holding it would indicate that momentum is still there. If the price falls back within the range, be wary of short-term sentiment cooling off. Instead of chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think NMR will break above 14.37 first, or pull back to confirm first?
For market information only; not investment advice.
#NMR
Related contracts:
Current price: 13.7 USDT
24h high: 14.37
24h low: 9.71
Trading volume: about 12,848,689 USDT
The current price is nearing the upper end of the 24-hour range. Volatility has increased noticeably, and the risk of chasing or panic-selling is also rising.
My view: Only a breakout above the high with increased volume and holding it would indicate that momentum is still there. If the price falls back within the range, be wary of short-term sentiment cooling off. Instead of chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think NMR will break above 14.37 first, or pull back to confirm first?
For market information only; not investment advice.
#NMR
Related contracts:
