$NXPC /USDT BOUNCE FROM THE BOTTOM?
+4.8% Recovery from $1.7559 Can the Bulls Flip This?
$NXPC just bounced hard from the $1.7559 low after a heavy downtrend from $2.30. Now consolidating around $1.84, early signs of recovery are emerging. With the gaming narrative still hot and a potential trend shift on the 1H/4H charts, a reversal might be brewing.
🔹 Trade Setup:
• Entry Zone: $1.83 – $1.87
• TP1: $1.93
• TP2: $2.02
• TP3: $2.18
• SL: $1.78
The recent structure shows decreasing sell volume and growing buyer interest. If $NXPC can flip $1.87 into support, we could see a strong bounce targeting prior resistance levels. This might be the dip buyers were waiting for.