Here is the best 4-hour trade setup for $NMR /USDT centered around the $11.600 resistance and key liquidity level.

On the 4-hour chart, $11.600 represents an overhead supply cluster and horizontal breakout pivot. A clean 4H close above this level signals high-timeframe bullish continuation toward the $13.00+ liquidity block, while rejection around $11.600 sets up a high risk-to-reward short trade.

Scenario A: Bullish Breakout & Retest (Long Setup)

Triggered if price cleanly breaks above $11.600 on expanding 4H buy volume and holds $11.600 as flipped support on a retest.

Entry Zone: $11.620 – $11.780 (On 4H retest confirmation)

Stop Loss (SL): $10.950 (Below breakout candle base / ~5.7% risk)

Take Profit Targets:

TP1: $12.800 (Initial momentum expansion / supply zone)

TP2: $14.100 (1.618 Fib extension / main liquidity target)

TP3: $15.500 (Macro continuation extension)