$NXPC /USDT short trade signal 🚦 🛑
BEARISH MOVE UNFOLDING – SELLERS STILL IN CONTROL AFTER WEAK BOUNCE 🔻
$NXPC has failed to recover above the 1.35–1.36 resistance zone and is now forming a bearish continuation pattern on the 15-minute chart. Despite a temporary bounce from the $1.3130 low, price is still trading below all major moving averages (MA 25 & MA 99), suggesting weakness persists. Lower highs and persistent selling pressure hint at another leg down.
🔴 Trade Setup (SHORT):
Entry: $1.3320 – $1.3400
Target 1: $1.3150
Target 2: $1.2980
Stop Loss: $1.3490
📊 Market Outlook:
The downtrend remains intact as price struggles below MA(99) and fails to hold bullish momentum. If $1.3130 is broken again with volume, it could accelerate toward lower supports. Ideal shorting opportunity with trend confirmation.
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