Technical analysis by AltcoinPiooners about Symbol NMR: Sell recommendation (8/27/2025)

NMRUSDT Key Levels: Entry: 1 (23.50 - 23.60) TP1 (Target Profit 1): 0.786 (20.17) TP2: 0.618 (17.55) TP3: 0.50 (15.71) TP4: 0 (7.92) DCA (Dollar Cost Averaging): 1.135 (25.60) SL (Stop Loss): 1.272 (27.74) These levels indicate a trading strategy with multiple profit targets and a stop-loss level to limit losses. Current Candlestick: The latest candlestick is long and bullish, suggesting strong buying pressure. This could indicate the start of an upward trend or an immediate recovery. RSI (Relative Strength Index) Analysis: Current Value: RSI is around 84 - 83, which is very close to or in the overbought zone above 70. This suggests the price may be overextended and could see a correction or pullback soon. RSI Trend: Before the latest point, RSI had been moving sideways around the 50-60 level but has recently spiked, aligning with the price movement. Interpretation and Advice: The current price appears to have reached a key point after the sharp rise. The RSI level above 80 indicates a potential overbought risk, and traders might consider taking profits at TP1 or TP2. The Stop Loss level (1.272) is set above the recent high, providing protection in case of a reversal. The DCA strategy could be used to average the entry price if the price drops toward the entry level.ENTRY 23.60 TP 1 & TP 2 ✅ +26.77% PROFIT 🚀 The only limit to our realization of tomorrow is our doubts of today. My story grew with this trade! Interested for Premium 👉 t.me/Altcoin_Piooners Follow for signals! 🔥#Crypto #Trading #CryptoSignals #NMR #Altcoins