$NU to bounce to $1.37-$1.60 to retest resistanceDidn't realize I posted my last $NU update on NU/USDT instead of NU/USD. So for those who've been following my $NU posts over the last year, here's my latest update (posted on 2/11):
$NU looks to be bottoming between here and $.38 (this was when $NU was at $40 so has since bottomed IMO).
The next move should be a break out of this structure. A close above $.59 should start a move higher to retest the upper levels of resistance.
My targets for this move are between $1.37-1.60 and I expect the move to take place over the coming month or two.
The horizontal lines are the chart are key dates for changes in price action. Let's see what happens from here.
Note: Those will be the levels I sell at because I think there's risk over the next few months that after those level(s) are hit, that we'll retest the lows as support before moving to my final target of $3.