$NEXO /USDT short trade signal 🚦 🛑
BEARISH MOVE UNFOLDING — LOWER HIGH CONFIRMED!
$NEXO has failed to hold above the 1.290 level and is now retracing with consistent red candles. RSI is hovering near 32, indicating potential for further downside before oversold relief. The lower high structure confirms weakness, and sellers seem to be stepping back in after a failed bullish breakout.
Trade Setup:
Entry: 1.258–1.265
Take Profit (TP): 1.244 / 1.230
Stop Loss (SL): 1.275
Market Outlook:
Momentum is leaning bearish as the price struggles to maintain higher levels and RSI approaches the oversold zone. Until 1.275 is reclaimed, the trend favors short setups targeting the next local support.
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This is your signal. Tap in before the next breakout candle!
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