🛑📉$NMR
BEARISH TECHNICAL ANALYSIS
The chart indicates a bearish setup as price faces resistance near the 12.12 level and fails to sustain upward momentum. The formation of a lower high signals weakening bullish strength, suggesting sellers are regaining control and a pullback toward key support levels is likely.
Bearish Highlights:
• Rejection from 12.12 resistance zone
• Lower-high formation confirming bearish pressure
• Momentum weakening after minor bullish attempts
• Price testing mid-range support levels
POTENTIAL TARGETS (TP):
• TP1: 11.50 zone
• TP2: 11.20 zone
• TP3: 11.03 major support
STOP LOSS (SL):
• Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1–2% per trade, maintain disciplined stop-loss placement, and avoid oversized positions during volatile conditions.