$NXPC
USDT BEARISH BREAKDOWN – SELLERS READY TO DOMINATE THE MOVE 🔻
The market is showing clear bearish intent after rejection from the 0.9150 resistance zone. Current price is 0.8969, hovering just above the strong support zone at 0.8990–0.8960. If this level breaks decisively, sellers are likely to push towards the next target support.
🔑 Key Levels:
Resistance: 0.9150 – 0.9233
Support: 0.8960 – 0.8785
Current Price: 0.8969
📉 Trade Setup:
Entry: Short below 0.8960 (after confirmation)
Targets (TP):
TP1: 0.8850
TP2: 0.8785
Stop Loss (SL): 0.9060
💡 Market Outlook: The structure is favouring bears as repeated rejections near resistance with lower highs indicate momentum is shifting down. A breakdown below the current support will accelerate bearish momentum towards deeper demand zones.
⚠️ Risk Management: Always risk only 1-2% of your capital per trade. Wait for clean candle close confirmations to avoid fakeouts in this volatile structure.
✍️ Comment “🔥” if you caught this setup and stay tuned for the next precision move!
buy and trade here on $NXPC