$NXPC /USDT BEARISH PRESSURE DOMINATES — SELL-OFF DEEPENS!
$NXPC is down over -11% on the day, plunging from $1.57 to $1.34 lows before attempting a small bounce. However, the price remains trapped in a strong downtrend with no solid reversal in sight. Current value sits at $1.3774, still below key structure.
🔻 Trade Setup (SHORT):
Entry Zone: $1.38 – $1.41
Targets: $1.33 / $1.28 / $1.22
Stop Loss: $1.45
Why Short?
The breakdown is clean, supported by continuous lower highs and failed retest attempts. The bounce attempts are weak and quickly sold into. Unless the $1.45 zone is reclaimed, sellers hold the edge.
🛡️ Risk Management Tip:
Wait for bearish confirmation candles in entry zone. Don’t chase the wick — focus on momentum.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
