$NAORIS / USDT – Short Opportunity Near Resistance!



NAORIS is up +29% in 24h, currently trading at $0.03942 after hitting a daily high of $0.04136. But looking at the chart, this looks like an overextended move.

Reasons for a potential pullback:
- Price is sitting at the upper Bollinger Band (0.03842) – historically a reversal zone
- RSI showing overbought signals on lower timeframes
- 14 out of 23 technical indicators are flashing SELL
- Volume is starting to fade – momentum may be weakening

My Short Setup:
- Entry: $0.03900–$0.04100
- Stop-Loss: Above $0.04250 (daily high + buffer)
- Target 1: $0.03400 (middle Bollinger)
- Target 2: $0.03000 (lower Bollinger + support)

Risk/Reward: ~1:3 – worth the trade if you manage risk properly.

Who's shorting this with me? Let's see if it breaks down from here!
NAORIS21.11%
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ChartPulse
· 6h ago
The short setup is backed by strong technical signals (14 indicators pointing to SELL) and a balanced long/short ratio, suggesting a potential pullback is likely. However, keep an eye on the $0.036 level – a breakout above it with strong volume could invalidate the bearish thesis
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