$NEXO Short Signal

$NEXO is hovering just below key short-term resistance, with price showing hesitation to push higher. This range behavior combined with rejection at 1.250 signals a possible pullback ahead.

Entry: 1.235

Targets:

• 1st Target: 1.220

• 2nd Target: 1.200

• 3rd Target: 1.180

Stop Loss: 1.260

Key Resistance: 1.260

Failure to reclaim 1.250 and multiple lower highs on intraday charts indicate weakening momentum. If price slips below 1.230 with volume, expect increased selling pressure toward deeper support levels.

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