🔥 $NMR Exploded! Has the real bull run begun?
NMR (Numeraire) is seeing very strong movement right now; it has jumped to around $16.6–$17 after gaining over 40% in a day, alongside a huge increase in trading volume. It also reached a high near $18.61 today.
📊 Quick analysis:
🟢 $18.10–$18.60: Immediate resistance and the current move’s peak.
🟢 A strong close above $18.60 on high volume could open the way for another rally.
🔵 Around $16.50: An important zone for maintaining momentum.
🔴 A break below $15.60 could signal the start of profit-taking and a deeper correction toward $14.
Notably, Upbit added NMR trading pairs against KRW and USDT on October 6, coinciding with this strong move.
⚠️ Bottom line: Momentum is strongly bullish right now, but the very high RSI makes entering after this surge risky, with the possibility of a quick correction. It may be better to watch for a retest of support rather than chase the green candle.
Will NMR break $18.60 and start another explosion… or are the whales getting ready to take profits? 🔥
$NMR
#NMR #crypto #Binance
NMR (Numeraire) is seeing very strong movement right now; it has jumped to around $16.6–$17 after gaining over 40% in a day, alongside a huge increase in trading volume. It also reached a high near $18.61 today.
📊 Quick analysis:
🟢 $18.10–$18.60: Immediate resistance and the current move’s peak.
🟢 A strong close above $18.60 on high volume could open the way for another rally.
🔵 Around $16.50: An important zone for maintaining momentum.
🔴 A break below $15.60 could signal the start of profit-taking and a deeper correction toward $14.
Notably, Upbit added NMR trading pairs against KRW and USDT on October 6, coinciding with this strong move.
⚠️ Bottom line: Momentum is strongly bullish right now, but the very high RSI makes entering after this surge risky, with the possibility of a quick correction. It may be better to watch for a retest of support rather than chase the green candle.
Will NMR break $18.60 and start another explosion… or are the whales getting ready to take profits? 🔥
$NMR
#NMR #crypto #Binance
