Binance NMRUSDT 1h Trend Prediction

Currently, NMRUSDT is in a range-bound oscillation pattern. The Bollinger Bands indicate that the price has not touched the upper band, and the bandwidth is narrowing (0.3). High volatility has not resulted in a continuous trend development. The MACD bearish crossover has formed, indicating weak momentum; there is no divergence at the bottom yet. It suggests that the short-term trend may continue to adjust. The RSI is in an extreme oversold condition in the short term, coupled with very low KDJ values. Theoretically, a rebound correction is possible, but due to the active buy/sell ratio and funding rate both showing a bearish advantage, the rebound space is limited, and bull participation is not strong. The short-term moving average system shows evident resistance, with the current price retracing below MA5/MA10. The previous upward momentum financed by capital influx has been exhausted, indicating dense resistance overhead and difficulty breaking through. Large traders hold rather long positions and the account ratio is high, indicating some major players still hold positions. However, their active buying interest is insufficient; there are signs of waiting or phased exits by main forces, with capital trending outflow. Support strength is concentrated around 10.6-10.5. If further downside occurs in the short term, support below is expected to be effective, but breaking the lower range requires stronger bearish momentum. The oscillation range is likely maintained between 12.00 and 13.10, with resistance near 13.10 and support at 12.0 and the lower Bollinger band. The market lacks a clear trend-driven movement. Indicators tend towards neutrality or slight bearishness, and trading volume does not show significant attacking activity. It is expected that within the next hour, prices will fluctuate within the range. For prudent trading, it is recommended to mainly observe short-term sideways movements or employ a high sell-low buy strategy (short-term short around 13.10, short-term long around 12.00). After confirming the direction, consider trend trades with appropriate stop-loss settings. Focus on whether bullish breakout signals occur above 13.10; if not, mainly operate within the range.