$NXPC/USDT – Possible Pullback Ahead After Strong Rally
$NXPC reached a high of $2.1597 and is starting to show early signs of resistance fatigue. The price has dipped just below the 7-day moving average (MA), and trading volume is beginning to decline following the recent surge.
Short-term RSI readings likely indicate overbought conditions, suggesting that a pullback to support levels could be a healthy correction.
Trade Setup:
• Short Entry Range: $2.05 – $2.10
• Target 1: $1.95
• Target 2: $1.88
• Stop-Loss: Above $2.17
Pro Tip: Keep an eye on the key psychological support at $2.00. A breakdown below this level could trigger accelerated selling pressure.
