#NXCP Next Trading Setup:
Current Observations:
Price: $3.5535
24h Change: +3453.50% (very sharp increase)
24h Low: $0.1000
24h High: $3.5829
Volume: Significant with 47.45M NXPC and 147.53M USDT
Interpretation:
This is an extremely volatile price action jumping from $0.10 to $3.55 suggests either a major announcement, pump, or low liquidity.
The 1 minute candles show the price consolidating slightly under the high, indicating potential for:
A bullish breakout above $3.58, or
A pullback or correction due to profit-taking.
Next Trading Setup Ideas:
1. Breakout Strategy
Entry Above $3.60 with volume confirmation
Target $4.00 to $4.50 (short term scalp), trail stop for higher gains
Stop Loss Below $3.30
2. Pullback Strategy
Entry Around $2.90 to $3.10 if price pulls back
Target $3.50
Stop Loss Below $2.75
3. Range Strategy
Buy Zone Near $3.30
Sell Zone Near $3.58
SL Below $3.20
Caution
Such a massive pump (3453%) could be risky. Ensure risk management, position sizing, and watch for rug pull behavior if the coin is low-cap or recently listed.
