$NXPC on the Edge – Reversal or More Pain Ahead?
NXPC is trading around $0.9097, showing early signs of consolidation after a sharp dip. The price is caught between key intraday resistance and support — a breakout or breakdown is near.
Key Levels to Watch
Resistance: $0.9120 – A break above may push price toward $0.9150 and $0.9180
Support: $0.9080 – A breakdown here could lead to $0.9040 and $0.9010
Trade Setup – Volatility Compression Phase
Bullish Entry: Break above $0.9120 could target:
• TP1: $0.9150
• TP2: $0.9180
Bearish Entry: Drop below $0.9080 could target:
• TP1: $0.9040
• TP2: $0.9010
Volume is rising with the squeeze — breakout traders should stay alert!