$NEXO O/USDT BULLISH REVERSAL FORMING – WATCH FOR CONFIRMATION BREAKOUT!
$NEXO has printed a sharp recovery on the 15-minute timeframe, bouncing from the $1.210 zone and retesting the $1.230 resistance. The strong bullish wick rejection and volume spike suggest buyers are reclaiming short-term control, possibly setting up for a breakout continuation.
Trade Setup (LONG):
Entry Zone: $1.222 – $1.228
Target 1: $1.242
Target 2: $1.258
Stop Loss: $1.212
Why Long?
The bounce from local support has created a higher low structure, and price is consolidating just under resistance. A confirmed candle close above $1.230 can spark momentum toward the recent high of $1.258.
Risk Management Tip:
Use a tight SL and manage partials at TP1. If $1.230 breaks with volume, consider trailing your stop to secure gains.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!