🚨 $NXPC MASSIVE REJECTION FROM $1.5976 💔 BIG RED ENGULFING ON 4H!
$NXPC printed a strong bullish wick up to $1.5976 — but bulls got trapped! A sharp reversal followed with a huge red candle now down to $1.3253 (-2.42%).
Price crashed below the EMA-7 ($1.4004) and EMA-25 ($1.3668), failing to break above the EMA-99 ($1.4877) resistance. RSI is cooling at 42 — signaling fading momentum.
📊 Key Levels:
• Resistance: $1.4877 / $1.5976
• Support: $1.3086 / $1.2287
• RSI: 42.00 (neutral-to-weak zone)
⚠️ Watch for further downside if $1.3086 breaks — bulls need to reclaim $1.40+ fast to avoid deeper correction!
#NXPC #CryptoAlert #BearishEngulfing #RejectionCandle #BinanceUpdate
