$NMR – Bearish momentum signals indicate further decline.
NMR
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$NMR faced strong rejection from the high of $24.65 and is now trading near $18.13 after losing almost -17%. The recent collapse shows that sellers are in control, forming lower highs and testing support levels. A decisive close below $18 may trigger further decline towards $17.20–$16.50, while resistance levels remain firm at $19.00–$20.00.
🔻 Entering a quick short trade
Entry: $18.20 – $18.50
Targets (TP): $17.20 / $16.50
Stop Loss (SL): $19.20
Momentum remains weak, unless $NMR regains the $20 level with strong trading volume, the path of least resistance points downward..