$NMR just flipped from yesterday's strength into today's weakness.

That's interesting.

Binance currently has NMR down more than 8%, while its perpetual contract is still showing heavy movement.

This is exactly the kind of chart where traders can get trapped chasing yesterday's narrative.

The question now:

Does the selloff get absorbed?

Or does yesterday's momentum completely unwind?

I'm watching the reaction before taking a side.