$NMR Longs Flushed, Structure Reset!
Liquidation Data:
Long Liquidation: $1.79K
Liquidation Price: $9.99
Market Insight:
Longs got wiped near a psychological level. This usually happens when price fails to hold support and weak hands exit. After such flushes, volatility expands. NMR is now in a decision zone.
Next Move Expectation:
If buyers defend the current base, a technical bounce is likely. If volume stays weak, downside continuation remains open.
Targets (Upside Bounce):
TG1: $10.40
TG2: $10.95
TG3: $11.60
Risk Zone:
Below $9.70, downside pressure increases.
Pro Tip:
After small liquidations, wait for confirmation. Do not chase the first green candle.
NMR
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