$NXPC USDT BEARISH BREAKDOWN – CUP FAILURE LEADS TO STRONG SELL-OFF ⚠️

$NXPCUSDT has broken down sharply after forming a failed cup pattern, now trading at 0.8880, down 4.56%. Sellers have taken control, pushing price below key structural levels.

🔑 Key Levels:

Resistance: 0.9300 – 0.9500 (major rejection zone)

Support: 0.8800 (immediate), next strong support at 0.8500

📉 Trade Setup (Short Entry):

Entry Zone: 0.8900 – 0.9000

Take Profits:

TP1: 0.8800

TP2: 0.8650

TP3: 0.8500

Stop Loss: 0.9120

📊 Market Outlook: The hourly chart shows a failed cup breakout, with the neckline broken decisively. Momentum remains strongly bearish with lower highs and aggressive selling candles. If 0.8800 fails, further downside towards 0.8500 is highly probable.

⚠️ Risk Management: Risk only 1-2% per trade. Enter shorts only after breakdown retests to avoid sudden reversal traps in volatile market conditions.

#Crypto #NXPC #BearishSetup #AltcoinAnalysis #TechnicalAnalysis

buy and trade here on $NXPC