$NXPC /USDT – Price Likely to Cool Down After Parabolic Surge
Current Price: $2.87 (+2779%)
24H High: $3.8674 | 24H Low: $0.10
MA(7): 2.81 | MA(25): 2.68
Why This May Go Lower:
$NXPC has exploded nearly 2800% in 24H, indicating extreme overextension. Such vertical rallies often invite profit-taking. The price is now showing early signs of slowing with rejection near the $3 zone and bearish divergence possibly forming.
Volume is also beginning to shrink slightly on 15m and 1H candles, hinting that buyer momentum may be fading.
Short Setup (High-Risk Play – Use Tight SL):
Entry Zone: $2.87 – $2.95
TP1: $2.60
TP2: $2.30
TP3: $1.90
SL: $3.12
Key Observations:
Parabolic move with 24H gain above +2700%
Early signs of exhaustion with lower highs on smaller timeframes
Price approaching psychological round levels ($3.00+)
Risk of sharp pullback is high after such an unsustainable pump
Pro Tip:
Watch for bearish candle formations on 15m/1H near $3 zone. Only enter short after confirmation. Always move SL to entry after TP1 is hit to lock in safety.
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