$NXPC Short Selling Signal 🚨📉 Strong Bearish Momentum — New Lows May Appear!
$NXPC/USDT has significantly dropped to $1.5704, with a 24-hour decline of -14.71%. The current price trend shows a clear downward trend and has broken below the short-term support level, with bearish pressure continuing to increase. The resistance encountered near $1.7091 further confirms the strong control of sellers. If the weakness continues, the price may test the support range of $1.5600–$1.5400 again.
📉 Trading Strategy (Short Selling)
- Entry Range: $1.5680 – $1.5750
- Target Prices: $1.5250 → $1.4800 → $1.4350 (Take profit in batches)
- Stop Loss Suggestion: $1.6025 (Strict risk control)
📊 Market Analysis
Prices continue to form lower highs and lower lows, and the decline is accompanied by increased trading volume, indicating heavy selling pressure. If the $1.5600 support fails, it may trigger accelerated declines.
⚠ Risk Warning
- Be sure to set stop losses to avoid over-trading.
- After the first target is reached, consider moving the stop loss up to protect profits.
- Enter with a small position to reasonably control risk exposure.
🔥 Key Reminder
Trend momentum is strong; early entrants will have the advantage! Seize the breakout opportunity; action must be decisive — don’t miss the next wave of downward movement! It can definitely continue to short, and it will be halved 😎😎
