$NEXO BEARISH TRADE SETUP โ ๏ธ๐
NEXO is losing momentum after failing to hold higher levels, currently trading at $1.136 (-0.26%). With selling pressure increasing, a short-term pullback looks likely! ๐ป๐จ
๐ KEY LEVELS:
Support: $1.10 ๐ก๏ธ
Resistance: $1.16 ๐ง
Current Price: $1.136 ๐ฐ
๐ฏ SHORT ENTRY SETUP:
Entry Zone: $1.13 โ $1.14
Take Profit (TP):
โข TP1: $1.10 ๐ฏ
โข TP2: $1.08 ๐ฏ
โข TP3: $1.05 ๐ฏ
Stop Loss (SL): $1.165 โ
โ ๏ธ RISK MANAGEMENT:
Risk only 1-2% per trade. Stick to SL, donโt average down, and take profits on the way. Manage risk like a pro! ๐ง ๐ผ