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$NYM Price made a strong push from 0.0358 and topped near 0.0481. After that move, price is cooling down and holding above key averages. That’s healthy — it shows buyers are still active, not panic selling.
On the 1H timeframe, price is moving sideways after the pump. This usually means the market is deciding the next direction.
What I see next:
Short term: price may range between 0.041 – 0.045
If support holds, another try toward 0.047 – 0.050
Losing 0.040 could bring a deeper pullback before continuation
Multi-timeframe view:
1H: consolidation after breakout
4H: trend still bullish as long as higher lows stay intact
Trend strength: momentum slowed, but structure not broken