BEARISH SETUP DOWNSIDE PRESSURE LIKELY

$NMR is showing signs of bearish momentum after failing to sustain above key resistance near $10.35. Price is consolidating near $9.61, indicating a potential retracement toward lower support levels.

Entry: $9.60–$9.55

Target 1 (TP1): $9.15

Target 2 (TP2): $8.90

Stop Loss (SL): $10.40

Price rejection near $10.35 signals weakening bullish pressure.

Bearish candlestick formations and declining short-term volume suggest continuation of the downtrend.

Breaking $9.15 could accelerate downside toward $8.90 support.

#CryptoTrading #DeFi #NMR #BearishSetup

NMR
NMRUSDT
8.282
+0.25%