$NMR /USDT ‌



The price just printed a forceful upside candle on the 15-minute chart, jumping from $10.885 to $11.508, showing aggressive buyers stepping in. Current price holds around $11.399, up roughly +1.56% in the last 24 hours, with volume noticeably expanding.

This type of price behavior often signals either a short squeeze or a breakout reclaim after a dip, and the strength of the candle suggests buyers dominated the candle body with minimal wicks, which is a healthy sign.

1H Trend Snapshot

Zooming out:

The market was drifting lower toward $10.885, finding liquidity.

The bounce from that level was sharp and decisive, which usually means that zone has active demand.

If this move holds above $11.25–$11.30, the structure becomes bullish in the short term.

Trade Setup (Short-Term Idea)

Entry Zone: $11.30 – $11.40
(ideal entry is a retest, not chasing extremes)

Targets

🎯 Target 1: $11.55

🎯 Target 2: $11.72

🎯 Target 3: $11.95

Stop Loss: $10.98 – $11.05

Breakout Logic

If price breaks and holds above $11.72 with strong volume, the rally can expand into a cleaner 4H breakout, and market makers tend to push for:

> $12.20 – $12.65 zone

That region contains liquidity pockets from previous swing levels.

How to Play It (Smart Approach)

Don’t chase the green candle
Let it cool or retest $11.30–$11.40
If market structure stays above that zone, your setup has healthier probability
Only hold if volume remains elevated — if volume fades, breakouts don’t sustain

Risk Factor

Because the candle is parabolic inside the 15m, expect:

small pullbacks

volatility spikes

liquidity grabs toward retest zones

Entering at extremes is the biggest avoidable mistake.

#JoinGrowthPointsDrawToWiniPhone17 #DecemberMarketOutlook #LINKETFToLaunch #CryptoMarketRebounds #BitcoinPriceWatch
NMR-0.84%
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