NEM. -50%.
NEM’s rate was not satisfied with the first reduction target, which we wrote about in the previous review: $ 0.40
And fell to the minimum at $ 0.26.
Now there has been a corrective rebound.
The technical picture remains bearish. And we recommend using this rebound to open short positions.
For this, you can use the region of $ 0.35- $ 0.40
Former support has now become resistance.
The goal of the decline is the historically strong support level at $ 0.2. So from $ 0.4 it’s -50%
Cancellation of the idea is in case of receiving a buy signal from the MA cross (for this the price should rise and remain above $ 0.4)
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