$NEXO USDT – LOWER HIGH FORMED BELOW KEY LEVEL – SHORT TRADE SIGNAL
Price faced rejection from 1.306 and is now printing consecutive red candles near 1.293, indicating selling pressure. The structure suggests a shift back to bearish control after a weak upward attempt.
Trade Setup:
Short Entry: 1.294
Targets: 1.285 / 1.275
Stop Loss: 1.303
Market Outlook: Market sentiment remains bearish with no sustained breakout. Breakdown below 1.289 could trigger a sharper move down.
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