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$NMR just delivered a clean momentum breakout and buyers are still pressing higher.
After spending multiple sessions ranging near the lows, price suddenly flipped aggressive and exploded through resistance with almost no hesitation. The move from sub-$9 levels into the $10 zone happened fast — and that kind of expansion usually catches sidelined traders off guard.
What’s important now is how NMR reacts around psychological resistance.
The structure remains bullish while price holds above the breakout base, but volatility is clearly increasing as profit-takers begin stepping in near local highs.
📈 Bias: Bullish Continuation
EP: $9.85 – $10.05
🎯 Targets:
TP1: $10.35
TP2: $10.80
TP3: $11.40
🛑 SL: $9.45
Momentum traders are fully active on this chart now. If bulls maintain control above $10, the next expansion leg could arrive much faster than expected.