$NEXO Eyes Breakout After Strong Rebound
$NEXO just rebounded from the $1.192 low and is now retesting resistance near $1.220. Volume surge confirms renewed buyer interest, and SAR flip indicates a possible trend continuation.
Trade Setup:
• Entry: $1.215
• TP1: $1.234
• TP2: $1.248
• SL: $1.198
The price is consolidating above the 5 & 10 MA, suggesting bullish momentum may follow if $1.220 breaks. Watch closely for a clean breakout.
Takeaway:
A breakout above $1.220 could trigger the next leg up—position early and trade smart.
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