-NEM is trading inside a descending channel which is Bullish -Only good is pattern is broken to the upside confirming the bias -The previous resistance is tested new support last Sep 18 -If NEM will keep respecting this channel, it will likely to retest support -Buying at support is well provided you at a proper cut point -You may also wait for the proper breakout confirmation -The upside potential is up to 1300 sat or higher
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