technical analysis post for $NEXO
/USDT with a bearish trend, including entry, stop loss, and two target šÆ levels:
$NEXO /USDT Technical Analysis
Market shows signs of weakness near the $1.23 resistance ā possible bearish reversal ahead.
Entry Level: $1.21
Stop Loss: $1.24
Target šÆ 1: $1.18
Target šÆ 2: $1.14
If the price fails to break above $1.23, expect further downside pressure. A breakdown below $1.20 could accelerate the fall. Monitor volume for confirmation.