$NXPC DUMPING AFTER PARABOLIC SPIKE RISK OF DEEPER CORRECTION AHEAD!

$NXPC /USDT skyrocketed from a jaw-dropping $0.10 to $3.8674, but the momentum has sharply reversed, now trading around $2.1950, down over 17% in the last 24 hours. With the hype cooling and volume fading, a further drop looks likely unless buyers reclaim control fast.

📊 Key Levels to Watch:

🔺 Resistance: $2.40 – $2.66

🔻 Support: $2.10 – if broken, next stop could be near $1.80

🎯 Trade Setup:

📉 Bearish Targets:

1️⃣ TP1: $1.950

2️⃣ TP2: $1.800

💡 Stop-Loss: Above $2.66 to reduce risk in case of a sudden bounce.

Price action looks exhausted, and lower highs are forming—a textbook sign of reversal. Watch for breakdown confirmation.