$NXPC /USDT – Price Likely to Cool Down After Parabolic Surge

Current Price: $2.87 (+2779%)

24H High: $3.8674 | 24H Low: $0.10

MA(7): 2.81 | MA(25): 2.68

Why This May Go Lower:

$NXPC has exploded nearly 2800% in 24H, indicating extreme overextension. Such vertical rallies often invite profit-taking. The price is now showing early signs of slowing with rejection near the $3 zone and bearish divergence possibly forming.

Volume is also beginning to shrink slightly on 15m and 1H candles, hinting that buyer momentum may be fading.

Short Setup (High-Risk Play – Use Tight SL):

Entry Zone: $2.87 – $2.95

TP1: $2.60

TP2: $2.30

TP3: $1.90

SL: $3.12

Key Observations:

Parabolic move with 24H gain above +2700%

Early signs of exhaustion with lower highs on smaller timeframes

Price approaching psychological round levels ($3.00+)

Risk of sharp pullback is high after such an unsustainable pump

Pro Tip:

Watch for bearish candle formations on 15m/1H near $3 zone. Only enter short after confirmation. Always move SL to entry after TP1 is hit to lock in safety.

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