COIN NAME : $NMR
Trade Type : Long đ„
NMR is showing promising signs of bullish momentum on the 15-minute chart. The bull flag đ formation suggests a potential continuation of the upward trend after a brief consolidation phase. Additionally, the presence of an ascending triangle đșâa bullish pattern known for indicating a breakoutâis further strengthening this setup.
Currently, NMR is bouncing from the 0.5 Fibonacci level, which is part of the golden pocket zone (0.5-0.618). This zone is widely regarded as a high-probability area for reversals and price continuation in uptrends. đ
If the price completes the retest in perfect harmony and holds above this level, we could see an upward breakout with a potential 10% pump đ in the upcoming hours.
đĄ Confluences supporting the bullish move:
1ïžâŁ Bull Flag Pattern: Suggesting trend continuation.
2ïžâŁ Ascending Triangle: Often leads to strong breakouts.
3ïžâŁ Golden Pocket (0.5 Fib Level): A critical level where price tends to bounce back strongly.
Be ready to act quickly but cautiouslyâwait for confirmation on the breakout and watch for volume spikes to validate the move. With all these factors lining up, this could be a textbook bullish trade setup! đâš
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