$NEXO /BTC chart for a bearish outlook to share on Binance.
NEXO/BTC: Current Price 0.00001170
This NEXO/BTC chart suggests caution.
The price is currently testing the middle Bollinger Band, and we're seeing some rejection at the upper band. The recent red candles indicate increasing selling pressure, and a break below the middle band could signal further downside.
Keep an eye on 0.00001159 as a critical support level.
A sustained move below this could open the door for a sharper decline. Always conduct your own research before making trading decisions.
