$NEXO /BTC.
The price is encountering resistance near the upper Bollinger Band, with upper wicks on recent candlesticks suggesting selling pressure.
A dip below the middle Bollinger Band could confirm a downward trend.
Trade cautiously.
NEXO/BTC shows bearish signals. Approaching the upper Bollinger Band with wicks suggests selling pressure.
Watch 0.00001188 and the middle Bollinger Band for confirmation of a downtrend.
DYOR.