$NXPC BREAKDOWN UNDERWAY – BEARS GAINING CONTROL FAST
$NXPC/USDT is currently trading at $1.3456, showing clear signs of bearish momentum after failing to reclaim resistance near $1.3650. The sharp rejection followed by increasing red volume bars signals strong selling pressure, with support now being tested.
Key Technical Levels:
• Immediate Resistance: $1.3650 – Key level bulls need to reclaim to avoid deeper losses.
• Critical Support Zone: $1.3380 – A breakdown here could escalate the decline.
• 24h High/Low Range: $1.3925 – $1.2909
Trade Setup – High Bearish Bias Active
Bullish Recovery Scenario:
• Entry: On breakout above $1.3650
• Targets:
TP1: $1.3850
TP2: $1.3925
TP3: $1.4100
• Stop-Loss: Below $1.3380
Bearish Continuation Setup:
• Entry: On breakdown below $1.3380
• Targets:
TP1: $1.3250
TP2: $1.3100
• Stop-Loss: Above $1.3550
Momentum is fading fast—watch for decisive moves below support or a surprise bounce attempt. Risk is tilted toward further downside unless bulls step in strongly.