$NEXO - Price Analysis
Chart’s looking interesting: clear consolidation phase right under that 6+ month downtrend, patience is key! 👀
Levels to Watch:
🟩 $1.1250 → Daily breakout level
Inverse H&S [H4]? 🚀
🟦 $1.175 → Key support for bulls
🟥 Losing $1.175? Watch for a retest down at $1.095 - $1.00 zone
Right now, we have bullish consolidation potential, but a break below support could quickly flip this setup bearish.
Are we about to see an explosive move, or more sideways action?
