🔥
$NMR 4H: Breakout Continuation or Smart Money Distribution Above $10?
📊 Timeframe Analyzed: 4-Hour Only
📊 Market Bias: Bullish
Unlike most AI-related assets showing weakness, NMR continues to print a strong bullish structure on the 4H timeframe. Price is trading above all major moving averages and recently swept liquidity into the 10.55 high before showing initial profit-taking pressure.
🎯 Trade Setup: LONG on Pullback or Breakout
🟢 LONG Scenario
Entry Zone: 10.05 - 10.20
Stop Loss: 9.78
TP1: 10.55
TP2: 10.90
TP3: 11.40
Risk : Reward: Approximately 1:3.2
🔴 SHORT Scenario
Entry Zone: Only if price shows strong rejection around 10.55 - 10.70
Stop Loss: 10.85
TP1: 10.00
TP2: 9.80
TP3: 9.58
Trade Invalidation: A 4H close below 9.78 would invalidate the bullish market structure and suggest a deeper correction toward the MA99 region.
#NMR #NMR/USDT #NMR/USDT. #BinanceHerYerde #BinanceSquareFamily