$NXPC /USDT

Entry Point (EP): $2.5909

Take Profit Targets:

TP1: $2.70

TP2: $2.85

TP3: $3.00

Stop Loss (SL): $2.50

TradingView

+4

CoinGecko

+4

CoinMarketCap

+4

💰 Risk Management Plan

Assuming a trading capital of $1,000 and a risk tolerance of 1.5% per trade:

Maximum Risk: $15

Stop Loss Distance: $2.5909 - $2.50 = $0.0909

Position Size: $15 / $0.0909 ≈ 165 NXPC

Required Capital: 165 × $2.5909 ≈ $427.50

Binance

+1

MEXC

+1

Note: This position size ensures that a loss will not exceed your $15 risk tolerance.

🧠 Scalping Tips for NXPC/USDT

Monitor Volume: Ensure that trading volume remains high to facilitate quick entry and exit.

Use Limit Orders: Place limit orders at your desired entry and exit points to control slippage.

Stay Updated: Keep an eye on news or announcements related to NXPC, as they can cause sudden price movements.

Set Alerts: Use trading platforms to set price alerts at your TP and SL levels.

#nxcp