$NAORIS Price keeps pressing lower after rejecting the 0.0355 area, and buyers haven't shown a strong response yet. Right now, the chart looks more like a liquidity grind than a momentum breakout.
Market Bias: Bearish
Quick Chart Read: • Lower highs and lower lows remain intact on the 15m chart
• Resistance sits around 0.03450–0.03490
• Support is visible near 0.03392, the recent swing low
• Recent candles show weak rebounds and continued selling pressure
• Volatility has compressed after the decline, suggesting a decision point is approaching
Trade Setup:
Entry Zone: 0.03440–0.03460 (on rejection)
Stop Loss: 0.03505
TP1: 0.03400
TP2: 0.03392
TP3: 0.03360
• Risk remains elevated if price reclaims and holds above the nearby resistance zone.
Do you see this as a continuation setup toward the recent low, or the start of a base-building range?
#NAORIS
Market Bias: Bearish
Quick Chart Read: • Lower highs and lower lows remain intact on the 15m chart
• Resistance sits around 0.03450–0.03490
• Support is visible near 0.03392, the recent swing low
• Recent candles show weak rebounds and continued selling pressure
• Volatility has compressed after the decline, suggesting a decision point is approaching
Trade Setup:
Entry Zone: 0.03440–0.03460 (on rejection)
Stop Loss: 0.03505
TP1: 0.03400
TP2: 0.03392
TP3: 0.03360
• Risk remains elevated if price reclaims and holds above the nearby resistance zone.
Do you see this as a continuation setup toward the recent low, or the start of a base-building range?
#NAORIS