$NXPC
USDT BEARISH BREAKDOWN – SELLERS STILL IN CONTROL!
The $NXPCUSDT pair is currently trading at 0.9142, showing continued weakness after failing to hold above 0.9200 resistance. The chart displays a clear downtrend with persistent lower highs and lower lows.
🔑 Key Levels:
Resistance: 0.9200 – 0.9450
Support: 0.9014 (24h low)
Current Price: 0.9142
📊 Trade Setup (Short):
Entry Zone: 0.9150 – 0.9200
Take Profit (TP1): 0.9050
Take Profit (TP2): 0.8950
Stop Loss (SL): 0.9270
📉 Market Outlook:
Momentum remains bearish as sellers keep pressuring the price below key EMAs. Unless bulls reclaim above 0.9450, the bias stays negative with potential for further downside continuation.
⚠️ Risk Management:
Risk only 1-2% per trade. Stick to your stop loss to avoid deeper drawdowns in this trending bearish environment.$
💡 Comment 🔻 if you are ready to short this breakdown or watching for a reversal confirmation.
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buy and trade here on $NXPC