Hello everyone

Looking at #NMR is holding a strong base around the $7.10–$7.20 support zone, where price has now formed a clean double bottom. This type of structure usually signals that sellers are getting exhausted.

$NMR Price is now pushing higher into a descending trendline resistance around the $7.80–$8.00 region. This level has rejected price before, so it’s not an easy break but repeated tests are starting to weaken it.

From here, a clean break above the trendline opens the move toward $8.33 first, followed by $8.55. Meanwhile, on the downside, losing the $7.20 support would weaken the structure and likely bring price back into a deeper consolidation phase.

Overall, the bias is shifting bullish as long as price holds above $7.20.