$NXPC /USDT – A bearish impulse is forming! Sell signal! 🔻
Current price: $1.8477
$NXPC could not hold around $2.00 and is now showing clear lower highs with strong red candles on the hourly chart.
Sell setup:
Entry: $1.84–$1.86
TP1: $1.81 | TP2: $1.78 | TP3: $1.75
Stop-loss: $1.88
Market analysis:
Lower highs and lower lows, volume decreases on rebounds but increases on drops – a classic setup for a short position. Watch the support level of $1.78 for a key breakout.
Professional advice:
Rejection around $1.86 = ideal entry for a short position. Hard stop-loss, watch for volatility and ride the downward momentum.
Be careful, trade smart!
Buy and take profit $NXPC
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