$NXPC /USDT short tread signal 🔥💯
BEARISH RETREAT AFTER SHARP REJECTION FROM LOCAL HIGH!
After a powerful rally that pushed $NXPC to a local top of $1.3515, the price is now retracing sharply. A clear lower high pattern has formed, and selling volume is increasing as the price drops below $1.2900 — indicating potential downside continuation if $1.280 support breaks.
Trade Setup (SHORT):
Entry Zone: $1.2850 – $1.2950
Target 1: $1.2480
Target 2: $1.2250
Stop Loss: $1.3085
Why Short?
The recent rally from $1.1921 to $1.3515 was steep, but buyers failed to hold momentum above $1.32. Price is now printing red candles with lower highs on the 1H chart. If the $1.2800 zone gives way, expect deeper retracement toward previous demand zones.
Risk Management Tip:
Use a tight SL above $1.3085. Stick to position sizing — don’t overleverage when momentum flips bearish.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and tread here on $NXPC