$NXPC CRUCIAL ZONE AHEAD: BREAKOUT OR BREAKDOWN?
$NXPC is trading at $2.0490, showing a slight intraday uptick of +0.16%. However, the chart reflects weakening structure after a rejection near $2.0573. Price is now testing the $2.0420 support range, and traders should prepare for a decisive move.
Key Levels to Watch:
• Immediate Resistance: $2.0570 – If broken cleanly, bullish continuation may target:
• TP1: $2.0700
• TP2: $2.0950
• Critical Support: $2.0420 – A breakdown from this zone may lead to deeper downside:
• TP1: $2.0100
• TP2: $1.9800
Trade Setup:
• Bullish Entry: On a confirmed 15m candle close above $2.0570
• Stop-Loss: Below $2.0420
• Bearish Entry: On a breakdown below $2.0420
• Stop-Loss: Above $2.0570
$NXPC is in a tight range with clear reaction zones. Wait for a breakout above resistance or a flush below support before committing. Keep stops tight—volatility is likely next.