🔥 NMR/USDT — Strong Breakout Setup
NMR is showing strong bullish momentum on the 1D chart, with price trading well above MA(7), MA(25) and MA(99). The breakout above the previous consolidation zone came with a strong move, while volume is also elevated.
📈 Key levels to watch: • Resistance: 18.99 • Breakout zone: 15.78–16.00 • Support: 14.38 • Major support: 11.80–11.83
⚠️ Price is already extended after a sharp move, so chasing the pump can be risky. A healthy pullback and successful retest could provide a stronger continuation setup.
NMR is definitely on my watchlist. 👀🐂
#NMR #NMRUSDT #Crypto #BinanceSquare #Altcoins #TechnicalAnalysis #Trading $NMR $BTC
NMR is showing strong bullish momentum on the 1D chart, with price trading well above MA(7), MA(25) and MA(99). The breakout above the previous consolidation zone came with a strong move, while volume is also elevated.
📈 Key levels to watch: • Resistance: 18.99 • Breakout zone: 15.78–16.00 • Support: 14.38 • Major support: 11.80–11.83
⚠️ Price is already extended after a sharp move, so chasing the pump can be risky. A healthy pullback and successful retest could provide a stronger continuation setup.
NMR is definitely on my watchlist. 👀🐂
#NMR #NMRUSDT #Crypto #BinanceSquare #Altcoins #TechnicalAnalysis #Trading $NMR $BTC