$NFP USDT – BEARISH REVERSAL AFTER SHARP SPIKE!

STRONG REJECTION FROM LOCAL TOP

WICK SHOWS EXIT PRESSURE AT $0.0666

$NFP surged to $0.0666 but quickly reversed, forming a tall wick and strong red candle — a classic sign of distribution at the top. Price is struggling to hold above $0.0595, while MACD starts to flatten, hinting at fading bullish momentum.

SHORT TRADE SETUP

Entry: $0.0590

Target 1: $0.0561

Target 2: $0.0539

Stop Loss: $0.0616

Bulls are losing grip; if selling pressure increases, further downside is likely in the short term.

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