Bearish flush into support with early reversal signs

Entry $8.35 to $8.55

Stop Loss $8.20

TP1 $8.80

TP2 $9.10

TP3 $9.50

Why this setup

Sharp sell off into $8.35 support followed by strong rejection wick and bullish reaction candle on 1H. Momentum shows potential exhaustion from sellers after consecutive red candles. If price holds above $8.30 and reclaims $8.60 continuation toward $8.80 becomes likely. Break above $8.80 opens room toward $9.10 and $9.50 prior supply zone.

Loss of $8.20 invalidates reversal structure and signals continuation downside.

Debate

Is this the start of a relief rally or just a temporary bounce before another leg down

Buy and Trade $NMR

NMR

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