📉 $NXPC /USDT BEARISH REVERSAL – SHORT SETUP AFTER FAILED BREAKOUT!
$NXPC faced strong rejection from the 1.4204 resistance level and is now showing lower highs on the 30m chart. Price has pulled back to 1.3723, forming a descending structure that indicates weakening bullish momentum and a possible retracement toward demand zones.
🔑 Key Levels:
Resistance: 1.4204
Support: 1.2909
Current Price: 1.3723
🔻 Trade Setup – SHORT Entry:
Entry Zone: 1.3750 – 1.3850
Target 1: 1.3410
Target 2: 1.3050
Stop Loss: 1.4260
📊 Risk Management:
Set SL just above recent wick highs to limit risk. Avoid overleveraging — wait for confirmation below 1.3650 for strong continuation.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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