$NMR just delivered a strong breakout candle on the 1H timeframe, pushing the price straight into the 12+ zone — followed by a normal corrective pullback. This structure is classic breakout behavior, not a trend reversal.

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🔍 Technical Breakdown

✔ Massive bullish impulse from ~11.20 to 12.12

✔ Buyers showed strong dominance (long green breakout candle)

✔ Price rejected from the 12.12 high and is now cooling off

✔ Current candle shows buyers defending the 11.50–11.55 zone

This is a typical breakout → retest → stabilization pattern.

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📊 Key Levels to Watch

Immediate Support: 11.50

Major Support: 11.20

Immediate Resistance: 11.90

Breakout Resistance: 12.10 – 12.12

If NMR holds above 11.50, momentum may continue toward the 12.00 area again.

If it loses this support, price may revisit the 11.20 breakout base.