$NXPC Coiling Below Resistance – Ready to Ignite or Reverse?
NXPC/USDT is currently trading at $0.9036, tightening just beneath the resistance zone. The 15-minute chart shows a clear higher-low structure as bulls attempt to reclaim momentum. Price is approaching the $0.9045–$0.9065 range, and a breakout here could trigger an acceleration in trend.
Key Price Levels
Resistance Zone:
• $0.9045 – $0.9065
A breakout above this zone could drive price toward $0.9100 and the recent high of $0.9143.
Support Zone:
• $0.8990
If this level breaks, price may revisit $0.8943 and possibly slide to $0.8880.
Trade Plan
Bullish Setup:
Buy on breakout above $0.9065
• Target 1: $0.9100
• Target 2: $0.9143
• Stop-loss: Below $0.8990
Bearish Setup:
Sell on breakdown below $0.8990
• Target 1: $0.8943
• Target 2: $0.8880
• Stop-loss: Above $0.9045
Price is compressing within a defined range, with volume showing subtle increases. A strong move could unfold soon—watch closely for the breakout or breakdown confirmation.