$NXPC USDT BEARISH BREAKDOWN AS SELL PRESSURE BUILDS BELOW SUPPORT 🔻
$NXPC USDT has broken below key intraday support at 0.8822 and is now trading near 0.8790, close to the 24h low of 0.8787. The price action shows consistent lower highs with heavy red volume, and the MACD remains in bearish territory. The recent bearish engulfing candle with high volume signals continued selling momentum, with the MA(5) crossing below MA(10) reinforcing the downtrend.
Trade Setup:
🔴 Short Trade Signal
Entry Point: 0.8805 - 0.8790
Stop Loss: 0.8855
Take Profit: 0.8715 / 0.8650
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
Momentum is weak and sellers are clearly in control. Until we see a confirmed reversal with bullish volume and MACD crossover, the outlook remains bearish. Ideal for short-term traders riding the breakdown wave.
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buy and trade here on $NXPC