$NXPC
USDT BEARISH REVERSAL – BULL TRAP CONFIRMED? ⚠️
Key Levels:
Current Price: 0.9063
Support Levels: 0.8900 (strong), 0.8800 (major support)
Resistance Levels: 0.9150 (immediate), 0.9200 (major resistance)
Trade Setup (Short):
Entry Zone: 0.9070 – 0.9100
Take Profits (TP):
TP1: 0.9000
TP2: 0.8900
TP3: 0.8800 (extended target if strong bearish momentum continues)
Stop Loss (SL): 0.9155
Short Market Outlook: NXPCUSDT shows signs of a potential bull trap with rejection from the recent resistance zone around 0.9150. The lower high structure on the 1H chart combined with selling pressure indicates a possible downward move towards 0.8900 support if momentum sustains.
Risk Management: Always manage your position size with max 1-2% risk per trade. Wait for bearish candle confirmation before entry to avoid premature shorts.
💡 Comment ⚠️ if you’re watching this bearish setup unfold with strict discipline and focus!
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