๐จ $NES : Dip Opportunity or More Downside?
After an explosive launch rally, $NES is cooling off with price now around $0.25. The token has already corrected significantly from its recent high near $0.375, shaking out weak hands.
๐ Entry: $0.245 - $0.255
๐ฏ TP1: $0.280
๐ฏ TP2: $0.310
๐ฏ TP3: $0.350
๐ SL: $0.225
The RSI and Stoch RSI are approaching oversold levels, suggesting a potential bounce if buyers step back in. However, bulls need to reclaim $0.27-$0.28 to confirm strength.
New listings are highly volatile. Manage risk carefully and avoid chasing green candles.
After an explosive launch rally, $NES is cooling off with price now around $0.25. The token has already corrected significantly from its recent high near $0.375, shaking out weak hands.
๐ Entry: $0.245 - $0.255
๐ฏ TP1: $0.280
๐ฏ TP2: $0.310
๐ฏ TP3: $0.350
๐ SL: $0.225
The RSI and Stoch RSI are approaching oversold levels, suggesting a potential bounce if buyers step back in. However, bulls need to reclaim $0.27-$0.28 to confirm strength.
New listings are highly volatile. Manage risk carefully and avoid chasing green candles.