$NXPC - 💡 Professional Tip:
Keep a close eye on the trading volume at the $1.1050 level. A strong red candle with high trading volume will confirm confidence in entering sell positions. Use a trailing stop after TP1 to secure safer profits.
🔥 Pay attention to this situation - it's heating up quickly for a sharp downward move!
Short Sell Signal! ⚠️
Current Price: $1.1111
🔍 Main Resistance Level: $1.1450
🔑 Support Area: $1.0800 - $1.0500
📉 Trading Setup:
Entry Area: $1.1100 - $1.1250
Target 1: $1.0900
Target 2: $1.0650
Target 3: $1.0500
Stop Loss: $1.1500
📊 Market Analysis:
Stock $NXPC was rejected near $1.15 with a strong bearish candle appearing on the 30-minute chart. Momentum has shifted, and bulls are quickly losing control. A drop below $1.10 could lead to a deeper correction towards the $1.05 area.
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