$NXPC /USDT BEARISH PULLBACK UNDERWAY ๐ป | SHORT SETUP TRIGGERED
๐ฎ Current Price: $1.1907
๐ Timeframe: 1H / 4H
๐ Trend Bias: Bearish (failing to hold key support, lower highs forming)
๐ KEY LEVELS:
๐ Resistance Zones:
$1.2300 โ Major resistance (recent rejection point)
$1.2100 โ Previous breakdown support, now resistance
๐ Support Zones:
$1.1800 โ Immediate support zone
$1.1635 โ 24H Low & key breakdown level
$1.1620 โ Final demand zone before sharp downside
๐ผ TRADE SETUP (SHORT):
๐ Entry Zone: $1.2000 - $1.2100 (retest short opportunity)
๐ฏ Take Profit Targets:
TP1: $1.1800
TP2: $1.1635
๐ Stop Loss: $1.2320 (above resistance and recent high)
๐ง RISK MANAGEMENT:
๐ Risk 1-2% max per trade. Use SL to protect capital, especially in volatile gaming tokens. Stick to your plan and donโt revenge trade! โ ๏ธ๐ฏ
๐ฅ Momentum favors bears โ trade the retest, not the breakout! ๐ป๐
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