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:
💎Currently, #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.
💎However, 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.
💎Should #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.
💎But 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🌴
💎Currently, #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.
💎However, 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.
💎Should #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.
💎But 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
💎Boom! #NMRUSDT is doing just what we said. Up 85.98% and still looking good to reach the above resistance soon.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.