⚠️ NAORIS AT A CRITICAL JUNCTION: BOUNCE OR BREAK?
Ticker: $NAORIS (Perp)
📊 THE TRADE PLAN
🎯 Entry: $0.0610 – $0.0625 (Near previous wick support)
💰 TP1: $0.0647 (Resistance at MA25)
💰 TP2: $0.0670 (Recent local high)
🛡️ SL: $0.0595 (Below the psychological $0.060 level)
🧠 WHY THIS SETUP?
The price is currently showing high volatility, rejecting the MA(99) resistance and heading toward the $0.061 demand zone. We are looking for a double-bottom formation here. If the bulls can hold the $0.06093 low, a relief rally back toward the moving averages is likely, but failure to hold this level could lead to a deeper correction.
💬 COMMUNITY QUESTION
Is $NAORIS forming a bottom here, or are we going to see a new 24h low? Share your thoughts below! 👇
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