$NXPC USDT BEARISH BREAKDOWN — FALLING CHANNEL POINTS TO FURTHER DOWNSIDE 🔻

$NXPCUSDT is currently trading inside a well-defined descending channel and has just broken below key support. This suggests strong bearish continuation, with sellers firmly in control. Any retest of the lower boundary or breakdown area could provide an ideal short opportunity before another drop toward psychological support near $1.00.

Trade Setup: $ Short Trade Signal 🔴

Entry Point: 1.1060–1.1100

Stop Loss: 1.1400

Take Profit:

• TP1: 1.0650

• TP2: 1.0300

• TP3: 1.0000

Margin: 2–3% of wallet

Leverage: 10x

Market Outlook:

The consistent lower highs and lower lows inside the channel confirm a strong bearish trend. Volume remains steady on red candles, further validating seller dominance. Traders should watch for any retest bounce as a fresh entry trigger.

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