$NXPC /USDT short trade signal 🚦 🛑
BEARISH TURN — SHORT ENTRY UNFOLDING!
Price action is struggling below the $1.86 level after repeated failed attempts to break higher. With a recent bounce from $1.77 now facing resistance, the chart reflects bearish pressure dominating lower highs and tighter consolidation. Momentum indicators also show weakening strength, hinting at a possible continuation downward if support gives out.
Trade Setup (Short):
Entry: $1.85 - $1.87
Take Profit: $1.78 / $1.74
Stop Loss: $1.90
Market Outlook:
Selling interest is rising near local resistance, and price is losing steam. A breakdown below $1.82 could trigger further downside. Watch for volume confirmation on red candles to strengthen short bias.
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