$NXPC /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN CONTINUES — WATCH FOR A REJECTION ON WEAK RETEST!
Price has dropped sharply from the $2.75 peak and found a temporary bottom near $2.297. The current small consolidation near $2.35 appears weak, indicating that bears still have control. A failed retest of the $2.38–$2.40 zone may trigger another drop.
Trade Setup: (SHORT Entry)
Entry Zone: $2.36 – $2.38
Take Profit: $2.28 / $2.22
Stop Loss: $2.41
Market Outlook:
Momentum favors the downside as sellers continue to dominate lower highs. If the $2.30 support fails, further decline toward $2.20 is likely. Only a breakout above $2.41 would invalidate this setup.
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