$NXPC Support Retest or Deeper Pullback Ahead?
NXPC is trading at $1.0487, sitting right on critical support after failing to hold above $1.0550. The next move could determine whether bulls regain control or bears drag it lower.
Key Levels to Watch:
• Resistance: $1.0550 – A breakout here could push the price toward $1.0630 and $1.0710.
• Support: $1.0470 – Losing this may lead to a drop toward $1.0400 and $1.0060.
Trade Setup:
• Bullish Entry: Above $1.0550
TP1: $1.0630
TP2: $1.0710
SL: Below $1.0470
• Bearish Entry: Below $1.0470
TP1: $1.0400
TP2: $1.0060
SL: Above $1.0550
NXPC is clinging to support, and momentum is weakening. A clean break below $1.0470 could confirm bearish continuation. Bulls need to reclaim $1.0550 fast to regain momentum.