$NXPC /USDT – Strong Bearish Rejection & Breakdown....
Market Structure & Price Action
NXPC has faced a sharp bearish rejection from the upper range (~0.48–0.50), followed by an impulsive breakdown move. The structure has clearly shifted from consolidation to bearish continuation, with strong selling pressure and long red candles confirming supply dominance. Price is now trading near key demand around 0.39, which is acting as a temporary pause, not a reversal yet.
Trade Setup (Bearish Bias)
Entry Zone (Short):
0.405 – 0.420 (Pullback / retest of broken support)
Targets:
🎯 Target 1: 0.385
🎯 Target 2: 0.360
🎯 Target 3: 0.330 (Extended breakdown zone)
Stop Loss (SL):
0.445 (Above breakdown structure & invalidation)
Confirmation Factors
Strong impulsive sell-off = distribution complete
Breakdown below prior range support confirms trend reversal
No meaningful bullish absorption seen yet
Bullish Invalidation Scenario
Bulls only regain control if price reclaims and holds above 0.45
Without that, upside moves are likely dead-cat bounces
Short Outlook of Market
Rallies toward resistance should be sold into
Market sentiment remains bearish until structure changes
Expect volatile pullbacks, but overall downside continuation favored
