$NEXO is currently showing signs of stability after a recent pullback. The price is finding strong support around the $1.20 level, and buyers are slowly regaining confidence. If NEXO continues to hold this area and builds momentum, it could be a good setup for a long trade, especially if it breaks above the $1.25 resistance with strong volume. On the other hand, if weakness returns and NEXO dips below $1.18, it could signal further downside pressure, making it a suitable moment for a short trade. Momentum indicators like RSI are neutral, suggesting that there’s no immediate sign of heavy buying or selling pressure yet, which gives traders time to plan carefully. For beginner traders, it’s crucial to wait for clear confirmation before entering any position and always use stop-losses to manage risk. Overall, NEXO is at a delicate stage, and the next move could set the tone for short-term price action.

Buy and Trade here $NEXO

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