NXPC coin's current price is $1.96, with a 4.41% increase in the last 24 hours. To set up a detailed stop loss, consider these key price levels:
- *Support Level*: $1.87, which is the 24-hour low. Setting a stop loss at this level could limit potential losses if the market moves against you.
- *Resistance Level*: $2.03, which is the 24-hour high. If the price breaks above this level, it could indicate a potential upward trend.
*Stop Loss Strategies:*
- *Conservative Approach*: Set a stop loss at $1.80, which is about 8% below the current price. This would give you some room for market fluctuations while still limiting potential losses.
- *Aggressive Approach*: Set a stop loss at $1.90, which is about 3% below the current price.