$NXPC Just Triggered a Major Short Liquidation at $1.5428 Worth $2.58K – What's Next?
The bears just got squeezed. A short liquidation worth $2,583.50 hit the market precisely at $1.5428, shaking weak hands and igniting potential for a momentum breakout. This could be the start of a high-volatility move.
Technical Analysis:
Short Liquidation Price: $1.5428
Current Momentum: Bullish reversal building after liquidity grab
Volume Spike: Detected at the liquidation zone – sign of strong interest
Structure: Forming a possible higher low on the 4H chart
Entry Zone (Buy Zone):
$1.4900 to $1.5400
If price retests this demand zone, it can provide a high reward-to-risk entry. This zone has now turned into a liquidity base and accumulation region.
Targets:
Target 1: $1.6500
Target 2: $1.7700
Target 3: $1.9200
Massive upside potential if price continues to break above resistance levels. Watch for volume confirmation near each level.
Stop-Loss:
Below $1.4700
A clean invalidation below recent support. If price breaks and holds below this, it could retest lower supports or reverse the current bullish setup.
Final Thoughts:
$NXPC just punished the shorts. A clean liquidation zone at $1.5428 opens a door for smart money to push the price upward. Watch for a retest of the entry zone – it could be the ignition point for the next breakout rally. Stay sharp, stay strategic.
