$NXPC /USDT short tread signal 🛑🚦
BEARISH REVERSAL – SHARP SELL-OFF FROM $1.597 EXPOSES WEAKNESS
$NXPC/USDT witnessed a steep drop after failing to hold above the $1.59 level, plunging nearly 20% before finding brief support around $1.32. The current bounce looks corrective, not impulsive, suggesting a bearish continuation is likely unless bulls reclaim $1.42+. The order book shows 94% sell-side pressure — a red flag for further downside risk.
Trade Setup:
Short Entry: $1.3680 – $1.3800
Take Profit: $1.3200 / $1.2950 / $1.2660
Stop Loss: $1.4060
Leverage: 10x | Risk Allocation: 2-3% of wallet
Market Outlook:
Bearish momentum remains dominant post-rejection from recent highs. The short-term recovery may trap late buyers before resuming the downward trajectory.
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buy and tread here on $NXPC