$NEXO / USDT - Showing Positive Momentum Around $1.20! 💰
$NEXO is currently trading around $1.202, up by a solid +7.23% today. Let's analyze the price action on the 4-hour chart.
Market Snapshot:
Current Price: $1.202
24h High: $1.358
24h Low: $1.093
24h Volume: 4.55M $NEXO / 5.57M $USDT
Technical Outlook (4h Chart):
Price has shown a significant upward move after finding support.
Currently trading below the 24-hour high.
Key Levels to Watch:
Immediate Resistance: Around $1.250 - $1.280
Potential Support: In the $1.180 - $1.200 zone
Insight:
NEXO is displaying bullish momentum. A break above the $1.280 resistance could lead to further upside. However, be mindful of potential volatility after such a strong move and the proximity to the 24-hour high.
