$NXPC /USDT SNAPS BACK STRONG ā REVERSAL OR DEAD CAT BOUNCE? ā”š¢
$NXPC surged +3.02% on the 4H chart, bouncing sharply from the $1.26 zone and reclaiming key moving averages. A strong bullish candle hints at a short-term reversal attempt ā but the 99 MA at $1.445 remains critical resistance.
š Current Price: $1.3804
š 24H High: $1.4298 | Low: $1.2666
š 24H Vol: 19.11M NXPC
š Technical Breakdown:
⢠MA(7): $1.3379 (broken bullish)
⢠MA(25): $1.3402
⢠MA(99): $1.445 (major ceiling)
šÆ TRADING GUIDE (LONG IDEA):
⢠Entry: $1.37 ā $1.39
⢠TP1: $1.44
⢠TP2: $1.50
⢠TP3: $1.60
⢠SL: $1.31
š Watch how price reacts at $1.445. A clean break with volume = bullish continuation confirmation.
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