$NXPC /USDT Bearish Trade Setup – Short Opportunity
Current Market Overview:
$NXPC is experiencing sustained downward pressure, currently trading at $2.2212. The price continues to break key support levels, confirming strong bearish momentum and clear market dominance by sellers.
Market Structure Outlook:
The prevailing structure indicates a potential for continued downside movement unless a decisive bullish reversal takes place.
Short Entry Zones:
Entry Zone 1: $2.2500 – Former support now acting as resistance.
Entry Zone 2: $2.3100 – Retest area for aggressive short positions.
Breakdown Entry: Below $2.2000, upon confirmed breakdown and volume support.
Downside Targets:
Target 1: $2.1000
Target 2: $1.9500
Target 3: $1.8000
Trade Management:
Bearish bias remains intact as long as price holds below $2.2500. Avoid entering long positions prematurely; wait for a clear structural shift. Implement tight stop-loss strategies and maintain disciplined risk management.
