$NXPC ON EDGE – Will the Range Break Up or Down?
$NXPC is trading at $1.8393, showing a mild bounce intraday (+0.14%) but still under pressure from earlier downside (-5.33% daily). The price is stuck in a tight horizontal range, with bulls and bears wrestling for the next big move.
Key Technical Zones
• Immediate Resistance: $1.8470 – Clean breakout above this level could spark a reversal rally.
• Short-Term Support: $1.8280 – Losing this zone may open doors to deeper correction.
Trade Setup – Watch This Range Carefully!
Bullish Setup:
If price breaks above $1.8470 on strong volume:
• TP1: $1.8720
• TP2: $1.8950
Bearish Setup:
If $NXPC dips below $1.8280, it could slide further:
• TP1: $1.8050
• TP2: $1.7800
Stop-Loss Strategy:
• Longs: SL below $1.8260
• Shorts: SL above $1.8490
A breakout from this compression zone is imminent—stay ready for high volatility!
