【$NMR Signal】Multiple callbacks, still have momentum after 1H overbought digestion

$NMR The 1H Bollinger Band upper band has been broken, price touches 9.824, RSI 1H at 75.04 in overbought zone, but MACD histogram is still expanding.
4H level buy orders continue to flow in, deep imbalance -2.86% indicates slightly stronger selling pressure, but negative funding rate -0.0143% shows short sellers are compensating longs.
Current risk-reward ratio is low; if the price pulls back to around 9.550 (within the suggested range), buying support below can be expected, with a close stop loss at 9.096, risk is controllable.

🎯Direction: Long (Pending order)

⚡Entry/Order: 9.550

🛑Stop loss: 9.096

🚀Target 1: 9.824

🚀Target 2: 9.864

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
- If the price falls back to the entry level, automatically exit to protect capital.

When the 1H RSI pulls back from high levels, the funding rate remains negative, indicating shorts have not surrendered, and there is a short-term possibility of short squeeze.
But the current price is close to the 4H Bollinger upper band, with limited space for direct long chasing, waiting patiently for a pullback is more prudent.

View real-time market 👇 $NMR
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