๐ $NXPC โ Pullback Risk After +20% Rally?
$NXPC has pumped over +20%, reaching $1.5693, but warning signs are flashing. The price is extended near the top Bollinger Band, and RSI & KDJ show overbought conditions. With SAR now at $1.3650, a correction may be approaching.
๐ Downside Targets:
๐ฏ Target 1: $1.45 โ First minor support from recent structure.
๐ฏ Target 2: $1.38 โ Previous consolidation zone.
๐ฏ Target 3: $1.26 โ Strong base and 24h low, key breakdown level.
Watch for rejection candles and falling volume to confirm weakness.