The weird part on $NMR isn't the red candle.
It’s the missing volume. $1.43M traded while price slips 2.17%, and the 4h move is basically the same at -2.1%. That’s not panic selling yet. It’s a quiet fade.
RSI is 36, but longs are still paying 0.005% funding. Weird spot. 👀
$NMR is near $11.74, sitting only 29% up its 30d range and 38% below the high. I’d watch $11.50 before doing anything. $BTC strength hasn’t shown up here either.
Does $NMR reclaim $12, or does volume finally wake up lower?
#NMR #Web3
It’s the missing volume. $1.43M traded while price slips 2.17%, and the 4h move is basically the same at -2.1%. That’s not panic selling yet. It’s a quiet fade.
RSI is 36, but longs are still paying 0.005% funding. Weird spot. 👀
$NMR is near $11.74, sitting only 29% up its 30d range and 38% below the high. I’d watch $11.50 before doing anything. $BTC strength hasn’t shown up here either.
Does $NMR reclaim $12, or does volume finally wake up lower?
#NMR #Web3