$NMR Yesterday, there was a massive surge from 11.7 to 17.4 in a single candle. Spot briefly touched 18.9 before being sold off, and is now hovering around 15.8. Buying and selling pressure is gradually balancing out after the spike. Funding at -0.46% indicates that short sellers are paying a fairly high fee. For now, 15–15.2 is the zone to watch, while 16.4–17.4 is the supply area above.
$NMR