$NEXO
/USDT Strong Bull Run Move..🚀🔥
Eyes On Next Move ..?✅💯
$NEXO is up today, trading steady around 1.163 after bouncing from a 24h low of 1.100. 24h volume (1.21M NEXO) is moderate, and USDT volume ($1.37M) is a bit thin, meaning momentum is stable but not explosive right now.
Technical Analysis:
Trend: Mild bullish, rangebound between 1.10–1.17
Moving Averages: 15 EMA crossing above 50 EMA on 1h — bullish signal
RSI: 60 (neutral-positive)
MACD: Bullish crossover on 4h chart, still developing
Volume: Light — breakout needs fresh buyers
Entry:
Ideal buy zone: 1.155–1.165
Trade Strategy:
Buy near 1.155–1.165 (tight entry, low slippage zone)
Use a Stop Loss: 1.100 (below key support)
Risk: Moderate (slower pace compared to hot gainers like JST or FLM)
Targets:
Target 1: 1.180 (minor resistance zone)
Target 2: 1.210 (psychological + 24h breakout potential)
Target 3: 1.250 (extension if market sentiment is strong)
Trade Momentum:
Aggressive Trade: Entry around 1.160, ride to 1.180–1.210 quickly if 1.17 breaks with volume.
Conservative Trade: Wait for a confirmed 1h or 4h candle close above 1.180, then ride toward 1.210–1.250.
Key Levels:
Support: 1.150, 1.100
Resistance: 1.180, 1.210, 1.250
Pivot Point: 1.165
Pro Tip:
Focus on the 1.170 breakout — if NEXO can't close above that soon, it may re-test 1.150. Best to scale in lightly first, then add on confirmation above 1.180 for safer upside.
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