NMR/USDT 1D Chart Long ReviewNMR / TetherUSBINANCE:NMRUSDTcryptodailyuk🔎 Market Structure Main Trend: Down → Series of lower highs and lows → Breakout below the downtrend line (which has already happened) Currently, the price is consolidating low, with no trend reversal signal. 📉 Price Action After a strong upward impulse (pump), the market: failed to maintain the structure gave back most of the gains Current price ~9.3 USDT No clear demand – small candles, weak momentum 🧱 Key Levels (very important) 🔴 Support 9.00–9.30 → local, weak ~8.00 → demand zone / lower consolidation range 5.94 → HARD SUPPORT Loss = possible further decline / capitulation 🟢 Resistance 12.36 → nearest Sensible resistance (flip level) 14.98 → strong structural resistance 19.59 – 22.77 → distribution zone (very difficult to break) 26.74 – 27.58 → local ATH/supply zone 📊 Stoch RSI indicator Currently emerging from oversold territory This is not a long signal per se It only gives: short-term bounce if volume appears 🧠 Scenarios 🟡 Baseline scenario (most likely) Consolidation 8–10 USDT Lack of strength for a breakout The market is waiting for: BTC move or news/volume 🔴 Bearish scenario Loss of ~8 USDT Test of 5.94 If 5.94 falls → new Lows 🟢 Bullish scenario (conditional!) D1 close above 12.36 Retest as support Targets: 14.98 19.59 Without this → no medium-term longs