#NXPC
Chart Overview (4H)
Current Price: $2.2403
RSI (14): 34.06 – near oversold (could signal bounce potential)
Volume: Dropping off significantly, indicating cooling momentum
Trend: Sharp pump followed by consistent decline and now consolidation
Key High: $3.8674
Key Low (recent pullback): $2.1291
Initial Pump Low: $0.1000
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Key Levels
Level Type Price
Major Resistance $2.40 – $2.50
Immediate Resistance $2.38 (24h high)
Current Support $2.12 – $2.13
Psychological Support $2.00
Breakdown Risk Zone Below $2.00
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Trade Setup (Bounce Play)
Entry
Entry Zone: $2.20 – $2.24 (current consolidation range, near recent support)
Stop-Loss (SL)
SL: $2.08 (below recent low and psychological level)
Take-Profit (TP)
TP1: $2.38 (24h high / resistance)
TP2: $2.50 (next key resistance level)
TP3 (aggressive): $2.85–$3.00 if momentum returns and volume spikes
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Summary
Bias: Slightly bullish short term if $2.13 support holds and RSI starts climbing
Risk-Reward (R:R): Around 1:2 or 1:3 depending on your TP level