$NEXO BEARISH SETUP IN PLAY 🔻⚠️

NEXO drops -3.60% to $1.15, failing to hold above key levels and signaling continued downside pressure. Weak bounces and volume exhaustion hint at a deeper pullback ahead.

📉 Current Price: $1.152

🔺 24h High: $1.212

🔻 24h Low: $1.128

🔍 Key Resistance Levels:

• $1.180 – Short-term barrier

• $1.212 – Major resistance (24h high)

📊 Key Support Levels:

• $1.128 – Immediate support

• $1.100 – Breakdown zone

💼 Trade Setup – SHORT Bias:

• Entry: $1.150 – $1.160

• Take Profit (TP):

  – TP1: $1.128

  – TP2: $1.100

• Stop Loss (SL): $1.185

🛡️ Risk Management:

Risk only 1-2% of your capital. Respect the SL to avoid slippage in a volatile zone. Secure partial profits at first TP. 🧠📊

#NEXO #CryptoTrading #BearishTrendb #ShortSetup #Binance 💣📉📍