$NXPC
USDT BEARISH REVERSAL ā REJECTION CONFIRMS SELL PRESSURE šØ
After a strong attempt to break above the $0.9212 resistance, $NXPCUSDT faced an immediate rejection, forming a sharp bearish candle on the 30m chart. This indicates weakness and a likely continuation down towards key demand levels as sellers regain control.
š» Trade Setup:
Entry Zone: $0.9060 ā $0.9090
Take Profit 1: $0.8980
Take Profit 2: $0.8900
Stop Loss: $0.9135
š Market Outlook:
Momentum has shifted bearish after repeated rejections from local highs. Trend is favouring short setups below $0.9135, with liquidity likely targeting the $0.8900 demand zone if breakdown continues.
ā ļø Risk Management:
Use tight stops above rejection zones and adjust position sizing to volatility to protect capital.
#BearishReversal #CryptoTrading #NXPCUSDT #ScalpSetup #PriceAction
buy and trade here on $NXPC