$NXPC /USDT – 15m Chart Analysis
Current Price: $2.2273
24h Change: -15.13%
Trend: Bearish with signs of minor recovery
Technical Highlights:
• Downtrend Dominance: The price remains below EMA(7), EMA(25), and EMA(99), confirming continued downward pressure.
• Temporary Bounce: A slight bounce from the $2.14 low shows buyers are stepping in, but resistance at $2.23–$2.24 is strong.
• Volume Analysis: High recent volume suggests heavy selling, though a reduction in red candles could hint at short-term consolidation.
• Resistance Zones: $2.24 and $2.31.
• Support Levels: Immediate support at $2.14 — if broken, expect further decline.
Conclusion:
NXPC is in a bearish phase, though it’s attempting a slight rebound. Without strong volume and a breakout above $2.24–$2.31, the recovery might fail. Caution advised — price may trend lower if $2.14 breaks.
Current Bias: Bearish to Neutral