$NEXO USDT REJECTION FROM LOCAL HIGH – SHORT TRADE SIGNAL
$NEXO has faced strong rejection from $1.319 and is now struggling to maintain support near $1.306. The recent wick-heavy candles and lower highs suggest bearish control with momentum fading on every bounce attempt.
Trade Setup (Short Bias):
• Entry: $1.306 – $1.310
• Stop Loss: $1.320
• Target 1: $1.295
• Target 2: $1.285
• Target 3: $1.270
Outlook: As long as NEXO stays below $1.315, the bearish structure remains valid with further downside potential.
#NEXOUSDT #ShortTrade #BinanceFutures #CryptoSignals #Write2Earn $NEXO