$NMR Just a technical rebound; the sell-side still holds the advantage.
Seeing those long, slender red candles, you can tell selling pressure increased sharply, and the upward momentum was released immediately. The current rebound is following the BTC wave, so it’s very weak; volume is low, and it looks like there’s no real buying force. The sellers are controlling the game. The key levels for everyone to watch are the nearby resistance zone at 13.3 to 13.6. If price rebounds up into this resistance zone, prioritize shorting it—an easy trade to celebrate an early Noel for everyone here :
Entry : 13,3 ~ 13,6
TP : 12,4 ~ 11,6
SL : choose for yourself; follow the trend to make it easier
Cheers!
$NMR
Seeing those long, slender red candles, you can tell selling pressure increased sharply, and the upward momentum was released immediately. The current rebound is following the BTC wave, so it’s very weak; volume is low, and it looks like there’s no real buying force. The sellers are controlling the game. The key levels for everyone to watch are the nearby resistance zone at 13.3 to 13.6. If price rebounds up into this resistance zone, prioritize shorting it—an easy trade to celebrate an early Noel for everyone here :
Entry : 13,3 ~ 13,6
TP : 12,4 ~ 11,6
SL : choose for yourself; follow the trend to make it easier
Cheers!
$NMR
