NIMIQ struggle to break out
#NIMUSDT
NIM is trading inside a descending resistance zone. price dumped suddenly and I didn't find out why in my research!!
if daily candle close below 0.00584, there will be more drop to $0.005 and $0.0045.
but if price hold the support zone and head up to break out from descending resistance, another rally will lead price to $0.0084 , $0.009 and maybe $0.011.
NIM is trading inside a descending resistance zone. price dumped suddenly and I didn't find out why in my research!!if daily candle close below 0.00584, there will be more drop to $0.005 and $0.0045.
but if price hold the support zone and head up to break out from descending resistance, another rally will lead price to $0.0084 , $0.009 and maybe $0.011.
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