$NXPC /USDT DEAD CAT BOUNCE OR REAL REVERSAL? 👀📉
After an intense drop from $2.30 to the recent low at $1.3540, $NXPC is attempting a slight recovery. On both the 4H and 1H charts, the price action shows minor bullish candles forming, hinting at potential short-term relief. However, the overall structure remains bearish unless key resistance levels are reclaimed.
🔍 Short-Term Bearish Trend
Lower highs and lower lows dominate
Slight uptick after hitting 1.3540, but no strong momentum yet
Selling pressure remains high (71% on 4H, 65% on 1H)
🎯 Trade Setup: SHORT
• Entry: $1.39 – $1.42
• TP1: $1.31
• TP2: $1.24
• SL: $1.465
⚠️ $NXPC Momentum favors sellers. Until bulls regain $1.50+, this bounce may just be a trap.
