$NEXO BEARISH PULLBACK UNDERWAY 🔻⚠️
NEXO is struggling to break above resistance and is showing signs of a short-term correction. Price rejection near $1.23 hints at seller strength and potential downside movement.
🔹 Current Price: $1.206 (-0.66%)
📊 24h Range: Low $1.183 – High $1.233
🔸 Key Resistance Levels:
🔺 $1.220
🔺 $1.233
🔸 Key Support Levels:
🔻 $1.200
🔻 $1.183
📌 SHORT TRADE SETUP:
📤 Entry: $1.206 – $1.215
🎯 Targets:
1️⃣ TP1: $1.195
2️⃣ TP2: $1.185
3️⃣ TP3: $1.170
🛑 Stop Loss: $1.225
📉 Risk Management:
Use 2-3% of capital per trade. Stick to SL to prevent larger losses. No overtrading—discipline is key! 🧠💼
