💥 $NXPC
USDT BEARISH CONSOLIDATION – SELLERS HOLDING THE GROUND
$NXPCUSDT is currently trading at 0.9028, showing a rejection from its recent highs and consolidating near the lower levels, indicating bearish control in the immediate term.
🔑 Key Levels:
Resistance: 0.9055 – 0.9100
Support: 0.8950
Current Price: 0.9028
📉 Trade Setup (Short):
Entry Zone: 0.9035 – 0.9050
Take Profit Targets:
TP1: 0.9000
TP2: 0.8970
TP3: 0.8955
Stop Loss: 0.9090
📊 Market Outlook:
The market has formed lower highs and is struggling to break above resistance. If price sustains below 0.9050, sellers are likely to push towards the 0.8950 support zone with short-term momentum favouring downside scalps.
⚠️ Risk Management:
Always use a tight SL above resistance and risk only 1-2% of your capital per trade to maintain long-term account health.
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buy and trade here on $NXPC