NMR has just shown significant downward pressure. From a technical perspective, the death cross pattern has appeared simultaneously on the 4-hour and 15-minute charts, and the moving average system shows a comprehensive short positions arrangement.

The price has dropped by 5.19% in the past 4 hours and is currently approaching the lower Bollinger Band. The short-term RSI indicator shows that it is close to the oversold area, and selling pressure continues to increase. In this technical pattern, the possibility of a second pullback cannot be ruled out.

Market sentiment is worth paying attention to: although the buying volume is slightly higher than the selling volume, the bullish confidence is clearly lacking. The funding rate has turned negative, indicating that large holders are leaning towards short positions. The active trading volume has shrunk significantly, reflecting a strong wait-and-see sentiment among bulls, while bears are gradually gaining control of the rhythm.

If considering a short positions strategy, you can refer to this range:
Position to build: 11.23 - 11.37 range
Target range: 10.87 - 11.04
Potential space approximately 4.2%

Short-term fluctuations are severe, and it is essential to set up stop-loss protection and control position size. The market may reverse at any time, so maintaining rational judgment is the most important.