$NEXO /USDT Price Action: Bullish Momentum or Resistance Ahead?

$NEXO is heating up on Binance, showing signs of strength. Here’s what traders need to know:

Price Snapshot

Current Price: $1.456 (+2.03%)

24h High: $1.504

24h Low: $1.300

Volume Highlights

24h Volume (NEXO): 4.57M

24h Volume (USDT): 6.37M

Market Dynamics

Resistance Zone: $1.476

Trading Range: $1.470–$1.456

Support Level: $1.432

What to Watch

Bullish Scenario: A breakout above $1.476 could propel NEXO toward $1.50 and beyond.

Bearish Scenario: If selling pressure increases, $1.432 will be the key support to monitor.

Trading Insights

Indicators like EMA, Bollinger Bands, and MACD show rising bullish momentum.

Volume spikes suggest increasing trader interest—stay alert for potential price swings!

Target Zones

Short-term Target: $1.50

Mid-term Target: $1.55

Is NEXO on your watchlist? Set your alerts and trade smarter on Binance today!

#BURNGMT #BinanceMEOpening #MarketCorrection #MOVEOpening #Write2Earn! $NEXO