Price: 7.5 | EMA7: 7.54 | EMA25: 7.52 | RSI14: 49.33 | Resistance: 8.18 | Support: 7.03 | Average Volume: 10122.65 | Volume Trend: Increasing
NMRUSDT is showing a consolidating pattern near resistance.
* **Entry:** A long position could be considered above resistance at 8.18 with a stop loss at 7.88. A short position could be considered below support at 7.03 with a stop loss at 7.23.
* **Spot Buy:** Buying at current price (7.5) with a tight stop is risky due to the proximity to resistance. Waiting for a pullback towards 7.30ish offers a slightly better risk/reward.
Remember, this is a short-term view and market conditions can change rapidly.