$NXPC Long Liquidation Alert
A wave of panic selling just struck $NXPC — a long liquidation of $1.516K has been triggered at $1.0339, exposing clear weakness and shaking weak hands out of the market. But in this chaos lies opportunity for calculated entries.
Market Insight:
The sharp liquidation suggests a potential bottom setup as leveraged longs are flushed out. If price holds the liquidation zone, it could pivot hard.
Entry Zone:
Accumulation zone between $1.0100 – $1.0350. Ideal for spotting potential reversal signs or strong bounce plays.
Upside Targets:
Target 1: $1.0920
Target 2: $1.1380
Target 3: $1.1870 (if momentum breaks resistance)
Stop Loss:
Place a tight stop below $0.9950 to manage risk effectively in case of further downside pressure.
Strategy Note:
This liquidation could be a trap for bears. Watch for volume spike and strong green candle confirmation before entering. Stay sharp — reversal plays after liquidations often ignite with velocity.