$NXPC /USDT short trade signal 🚦 🛑
Trade Setup (Short):⭐
Entry: 1.9600 – 1.9800
Take Profit (TP): 1.9100 / 1.8700
Stop Loss (SL): 2.0200
Market Outlook:
After tapping resistance at 2.0681, #NXPC faced strong selling pressure, leading to a breakdown below the key $2.00 psychological level. The most recent candle shows a sharp drop to 1.9431 before a small relief bounce — indicating bearish momentum is still in play unless price reclaims 2.00 convincingly.
Bears are in control with increased volume confirming the breakdown. Unless a strong reversal candle forms above $2.00, short positions are favored. Watch for volatility near the previous low of 1.9431.
⚙️ Risk: Use proper risk management — 3x–5x leverage recommended☀️