$NMR is trading around $11.15, holding strong after a sharp pullback from $11.86. Sellers are losing steam as price based near $11.03 and is now printing higher lows on the 1H, signaling accumulation before the next move.

Market Structure

Support: $11.00 – $11.05 (strongly defended)

Resistance: $11.35 – $11.45 (key trigger zone)

Major Hurdle: $11.85 – $12.10 (previous rejection)

Short-Term Swing Setup

Entry: $11.05 – $11.20

TP1: $11.45

TP2: $11.85

TP3: $12.10 – $12.20

SL: $10.88

Breakout Confirmation 1H close above $11.35

Volume expansion

Hold above $11.20 on retest

A clean breakout could flip this base into a fast relief rally. Eyes on volume — momentum can ignite quickly!

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NMR
NMR
11.17
-3.70%