$NMR
🚀 #NMR BREAKOUT CONFIRMED: 50% - 68% Rally Incoming? 📈
The wait is over! Numeraire (NMR) has officially broken out of a massive Daily Falling Wedge, a pattern that has been suppressing price action for months. With a confirmed close above the descending resistance, the bulls are back in control.
Key Targets:
TP1 $13.25 (Immediate horizontal resistance)
TP2 $17.50 (Macro target based on wedge height — +68% Gain)
TP3: $20.00+ (Moon bag territory)
StopLoss : $9.45 (Keep it tight; a daily close below this level invalidates the setup).
The Fundamental Catalysts:
Technical structures are strongest when backed by news. Here is why NMR is ready to fly:
NumerCon 2026 (Jan 30): The biggest event of the year is just two weeks away. Expect major protocol upgrades and "Ender Era" announcements.
JPMorgan Backing: With a $500M ecosystem valuation supported by major institutional interest, the "price floor" is rock solid.
Staking Squeeze: Over $7M worth of NMR is now locked in staking. As supply on exchanges drops, even moderate buying pressure can trigger a vertical move.
#MarketRebound #Write2Earn #BTC100kNext? #StrategyBTCPurchase
