$NEXO has declined by 1.209% over the past 24 hours.
It reached a high of 1.258 and a low of 1.226, indicating range-bound trading.
Current support sits at 1.226, while resistance is just above at 1.255.
The RSI at 38.5 suggests that NEXO is nearing oversold territory.
Traders exhibit mixed sentiment, reflecting uncertainty in recent price action.
If the price tests support, we might see a bounce.
Conversely, a break below could open the door for further declines.
Watch for any significant news that could influence market direction.
