$NXPC /USDT Short Setup in Play
NXPC is under sell pressure after a drop from its 1.0889 high. It’s testing support near 1.0229 with no strong bounce. Bearish momentum remains intact.
📉 Trade Plan – Sell Bias
• Entry Zone: 1.0289 – 1.0408
• TP1: 1.0229
• TP2: 1.0100
• TP3: 1.0000 (final target)
• Stop Loss: Above 1.0580
📊 Chart Insight:
Structure is weakening with a break below EMAs and declining volume. If price stays below 1.0408 (EMA(7)), more downside is likely. Watch for volume confirmation on a break of 1.0229 for continuation.
NXPCUSDT
Perp
1.02696