$NXPC shows strong rebound potential after sharp decline - Is a bullish reversal coming?
After a sharp correction of -7.37%, it reached a strong support area near $1.5170, and shows signs of exhaustion on the selling side.
The price is stabilizing above this level, and with declining trading volume, a rebound or reversal from this demand area is likely.
If the bulls regain their momentum, we may witness a rapid bullish recovery.
A clear breakout above $1.58 will trigger strong momentum.
Trading Setup (Buy):
Entry Price: $1.53 - $1.55
Targets:
1 : $1.62
2 : $1.68
Stop Loss Price: $1.49
Trade here$NXPC
