$NAORIS — printing a local top after a parabolic extension.

Short : (MAX x10)

Entry: 0.0346 - 0.0355

TP1: 0.0310

TP2: 0.0280

TP3: 0.0245

SL: 0.0415

$NAORIS has run into heavy resistance at the 0.0407 level, resulting in a sharp rejection and a long upper wick. Momentum strength is fading on the 1H timeframe as the parabolic move transitions into a corrective structure. Price is currently showing an inability to maintain acceptance above the 0.0360 flip, suggesting a bearish reversal bias for a mean reversion play. Expecting a deeper retracement toward previous support clusters at 0.0280.

Trade $NAORIS here👇

NAORISUSDT

Perp

0.06554

+3.18%