$NEXO signal ⚠️ More chance 🚀 Quickly trade ..NEXO/USDT Spot Trade Setup
Profit Level 1 (TP1): 1.275 (Upper Bollinger Band)
Profit Level 2 (TP2): 1.282 (24h High)
Chart Analysis using Universal Pattern:
The price action for NEXO/USDT shows an upward trend followed by a period of consolidation, hinting at a potential continuation of the uptrend or a reversal depending on the breakout direction. The Bollinger Bands indicate a squeeze, suggesting an upcoming volatile move. The MACD is near the zero line, indicating weak momentum, while the RSI is in a neutral zone.
Spot Trade Setup: Long
Entry: 1.256 - 1.258
Explanation: The price is currently at the middle Bollinger Band. A bounce from this level, combined with a potential breakout above the upper band, could lead to a quick scalp towards the 24-hour high. The Bollinger Bands are slightly expanding, suggesting room for an upward movement.
#NEXO #USDT #CryptoSignals #Trading #Binance
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