$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.

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