$NXPC /USDT short trade signal 🚦 🛑
BEARISH PRESSURE BUILDING — SHORT OPPORTUNITY ON MINOR BOUNCE!
$NXPC has retraced sharply from the $2.0450 peak, forming a clean lower high structure. Current price action near $1.79 suggests a weak recovery attempt after touching $1.7559 support, but momentum remains bearish with no strong reversal signs. Any bounce is likely to face resistance near $1.83–$1.85, making it a prime short zone.
Trade Setup (Short):
Entry Zone: $1.83 – $1.85
Take Profit: $1.76 / $1.70
Stop Loss: $1.89
Market Outlook:
Bearish momentum dominates following a breakdown from the recent uptrend. With lower highs forming and RSI still in weak territory, a continuation to the downside remains probable unless volume shifts significantly.
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