$NXPC /USDT STRONG BEARISH SELL-OFF 🔥📉 | SHORT OPPORTUNITY EMERGING
$NXPC /USDT is in a sharp downtrend, dropping over 11% in 24 hours and breaking below critical moving averages. The selling pressure signals potential further downside ahead. 🚨
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📌 CURRENT PRICE: $1.2016
📉 24H Change: -11.35%
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🔍 KEY LEVELS:
Resistance:
🔺 R1: $1.2057 (MA 25)
🔺 R2: $1.2912 (MA 99)
Support:
🔻 S1: $1.1685 (24H Low)
🔻 S2: $1.1606 (Previous demand zone)
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📈 TECHNICAL INDICATORS:
MA(7): $1.1899 (Below MA25 & MA99)
Price trading well below major MAs — confirming bearish trend
MACD showing strong bearish momentum
Bollinger Bands widening, indicating high volatility to downside
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🧠 TRADE SETUP (SHORT):
💼 Entry: $1.20 – $1.22 (if price retraces slightly)
🎯 Targets:
TP1: $1.1685
TP2: $1.1606
🛑 Stop Loss: $1.26 (above MA25 and recent resistance)
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⚖️ RISK MANAGEMENT:
Keep risk to 1-2% of portfolio. Use trailing stop for protection. Favor clear risk-reward of 1:2 or higher. Avoid emotional entries.
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💥 Ride the bearish wave, keep stops tight, and protect your capital!
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