$NXPC /USDT BEARISH BREAKDOWN AFTER SHARP REJECTION FROM HIGHS

After touching the resistance zone near $1.60, $NXPC/USDT experienced a strong bearish rejection, breaking through multiple support levels with high selling volume. The sudden drop indicates increased seller dominance and possible panic liquidation. The price is now stabilizing around $1.36, but downside risk remains if support at $1.30 fails to hold.

Trade Setup:

Short Entry: $1.37 – $1.39

Take Profit: $1.32 / $1.28 / $1.22

Stop Loss: $1.44

Leverage: 10x | Risk: 2-3% of wallet

Market Outlook:

Bearish sentiment dominates as momentum shifts lower. Bulls must reclaim the $1.45 level quickly to prevent further downside pressure.

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