ALERT: $2,622.9K SHORTS LIQUIDATED on $NXPC at $2.2384!
Bears just walked into a TRAP — and it cost them over 2.6 MILLION DOLLARS!
Injecting fire into the charts, $NXPC just lit the fuse.
A MASSIVE short liquidation at $2.2384 could be the ignition point for a bull rally!
Technical Analysis – Precision Setup:
Buy Zone (Accumulation Range):
$2.08 – $2.22
(High confluence zone: past support + Fibonacci golden pocket + short-squeeze trigger range)
Targets – Let the Momentum Unfold:
Target 1: $2.45 (Minor resistance – scalp traders’ paradise)
Target 2: $2.73 (Previous rejection area – critical breakout level)
Target 3: $3.18 (Next macro resistance – moon mission if volume sustains)
Stop-Loss:
$2.00 (Below key trendline support + invalidation of bullish structure)
Why This Matters:
Liquidation Point: $2.2384 is now a battleground – if price holds above, momentum could EXPLODE.
Shorts are squeezed hard, signaling heavy panic – exactly when smart money steps in.
RSI building a hidden bullish divergence on the 1H and 4H.
Bullish engulfing candle confirmed on 4H – reversal in play!
Chart Pattern Watch:
Mini Cup & Handle forming – breakout could be fast and violent.
Volume spike + short liquidation = Bullish cocktail.
Conclusion:
$NXPC just woke up, and the bears paid the price.
A retest near $2.20–$2.23 could be the golden opportunity before a full launch.
Stay sharp — this one's got rocket fuel in the tank.