$NMR /USDT

has been consolidating in a narrow range for the past few hours, with the price hovering around the $16.24 level. The chart shows some bullish momentum, with higher highs and higher lows forming. This suggests that buyers may be regaining control, and a potential breakout above the resistance level could lead to further upside.

Current Price: $16.24

Entry Price: $16.24

Resistance: $16.70

Support: $16.10

Take Profit Targets:

* TP1: $16.40

* TP2: $16.60

* TP3: $16.70

Stop Loss: $16.10

Caution:

Traders should monitor the market closely for any signs of instability or a potential breakout. If the price breaks below the support level, it could signal a bearish reversal.

#NMRUSDT #Binance #CryptoTrading #TechnicalAnalysis #TradingSignal