NMR / TetherUSLong
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🌴
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.