$NMR remains vulnerable below the $15.00 area, where a significant short liquidation at $14.98 highlights an important liquidity zone. Price needs to hold below the $15.20–$15.30 resistance area for the bearish setup to remain valid. A breakdown below $14.70 could expose fresh downside liquidity, while only a strong reclaim above $15.30 would begin to weaken the bearish setup.
Trade Setup
Entry: $14.70–$15.00
Target 1: $14.30
Target 2: $13.90
Target 3: $13.40
Stop Loss: $15.30
How it's possible
The key signal is rejection around the $15 area after liquidity was taken near $14.98. Sellers need to prevent price from establishing a sustained higher high above $15.30.
A clean break below $14.70 with rising volume and strengthening downside momentum would confirm the breakdown. A failed retest of $14.70–$15.00 would provide additional rejection confirmation and potentially open the path toward lower liquidity.
If price closes above $15.30, the bearish setup is invalidated.
“If price closes above $15.30, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $NMR
Trade Setup
Entry: $14.70–$15.00
Target 1: $14.30
Target 2: $13.90
Target 3: $13.40
Stop Loss: $15.30
How it's possible
The key signal is rejection around the $15 area after liquidity was taken near $14.98. Sellers need to prevent price from establishing a sustained higher high above $15.30.
A clean break below $14.70 with rising volume and strengthening downside momentum would confirm the breakdown. A failed retest of $14.70–$15.00 would provide additional rejection confirmation and potentially open the path toward lower liquidity.
If price closes above $15.30, the bearish setup is invalidated.
“If price closes above $15.30, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $NMR