$NXPC /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN CONTINUES — WATCH FOR DEEPER RETRACEMENT!
NXPC has broken down from the descending wedge and is now trading below key Fibonacci levels. After a failed attempt to reclaim the $2.20–$2.40 resistance band, price plunged toward the 1.618 fib zone near $1.98 and is struggling to reclaim strength. Selling pressure remains dominant as long as the wedge resistance holds.
Trade Setup:
Entry (Short): $1.98 – $2.05
Take Profit (TP): $1.74 / $1.50
Stop Loss (SL): $2.18
Market Outlook:
The volume surge on red candles confirms bears are in control. As long as price stays within the descending channel and under $2.20, downside targets remain in play. Bulls may reappear only near the lower fib extension around $1.50.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#NXPC #CryptoAlert #TechnicalAnalysis #BearishSetup #BinanceTraders
buy and trade here on $NXPC