Is #NMRUSDT Ready for a Major Breakout? Major Zone Reaching

Yello! Are you prepared for what could be a significant move in the #NMRUSDT? Let's look at the latest analysis and see what will happen:

đź’ŽCurrently, #Numeraire is compressed within a falling wedge pattern, a classic bullish reversal signal. So, what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.

đź’ŽHowever, there's always a plan B in trading. If #NMR gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $11-12. This level has consistently provided strong support and is rich with liquidity.

đź’ŽShould #NMRUSDT fail to bounce back from the $11-$12 support, our eyes will be on the next critical level at $9.31. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.

đź’ŽBut remember, if #NMR breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.

Strive for consistency, not quick profits.

MyCryptoParadise
iFeel the success🌴
Note
đź’ŽBoom! #NMRUSDT is doing just what we said. Up 85.98% and still looking good to reach the above resistance soon.

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Chart PatternscryptocryptoanalysiscryptosignalscryptotradingmycryptoparadiseNMRNMRUSDNMRUSDTnumeraireTrend Analysis

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