$NXPC /USDT short trade signal 🔴
SHORT TRADE SIGNAL – BEARISH REVERSAL AFTER REJECTION FROM LOCAL HIGH!
$NXPC surged up to $1.5872 but failed to sustain above this key resistance zone. After multiple rejections and heavy sell candles, the price has now dropped to $1.4352, showing signs of a bearish reversal. Momentum is weakening, and the lower highs signal distribution is in play.
Trade Setup (SHORT):
Entry Zone: $1.4400 – $1.4600
Target 1: $1.3900
Target 2: $1.3300
Stop Loss: $1.4920
Why Short?
The recent pump from $1.2687 to $1.5872 was met with strong profit-taking pressure. Volume dropped near the top, and a lower high formed below $1.5872. The current 1H structure confirms downside momentum with no bullish defense at $1.46. If $1.40 breaks down cleanly, expect deeper retracement.
Risk Management Tip:
Only risk 2-3% of your capital per trade. Place SL above key resistance and trail down if TP1 hits for a risk-free ride.
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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buy and trade here on $NXPC