$NXPC /USDT SHORT TRADE OPPORTUNITY — BEARS TAKING CONTROL BELOW KEY RESISTANCE!
$NXPC faced rejection at the $2.38 resistance level after a strong upward spike and is now retracing with visible lower highs on the 30-minute chart. Selling pressure has increased with multiple red candles forming below $2.28, indicating a short-term bearish reversal.
Trade Setup:
Entry: $2.26 – $2.28
Take Profit: $2.17
Stop Loss: $2.31
Market Outlook:
Momentum has shifted in favor of sellers. If price breaks below $2.22 with volume, further downside is likely. Watch for a bearish continuation as lower support levels attract short positions.
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