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$NXPC /USDT: Increasing bearish pressure - the price struggles to maintain the support level ⚠️

Clarification:

The NXPCUSDT pair is trading at 0.8985 (+0.03%), showing weak bounce attempts after rejecting the resistance level of 0.9080. The price is moving sideways near the support area of 0.8934, indicating that sellers still dominate the market, and further declines may occur if support is broken.

🔑 Key levels:

Resistance: 0.9080

Support: 0.8934 (Lowest price)

Current price: 0.8985

🔻 Trading setup - Sell

Entry area: 0.8980 - 0.9000

Take profit:

First profit target: 0.8950

Second profit target: 0.8920

Stop loss: 0.9040

📉 Market expectations:

A continuation of the bearish trend is expected if the price remains below the resistance level of 0.9080. A break below the support level of 0.8934 could accelerate the downward momentum.

#Crypto #NXPC #BearishSetup #TradingSignal #Binance

Buy and trade here on $NXPC