$NEXO

USDT BEARISH MOVE – SELLERS TAKING CONTROL BELOW $1.21 ⚠️

Key Levels:

🔴 Resistance: $1.220 – $1.230 (strong rejection zone)

🟢 Support: $1.192 (recent 24h low and key support)

📍 Current Price: $1.203

Trade Setup (Short Entry):

🔽 Entry Zone: $1.205 – $1.210

🎯 Take Profits:

• TP1: $1.198

• TP2: $1.192

• TP3: $1.180 (extended target if breakdown accelerates)

⛔ Stop Loss: $1.222 (above recent rejection wick)

Market Outlook:

The 1H chart shows consistent lower highs and a rejection from $1.220, indicating bears are active. Price is near support at $1.200 – a break below it can trigger strong downside momentum towards $1.192 and beyond.

Risk Management:

Always risk only 1-2% per trade. Confirm breakdown with volume increase to avoid fake-outs. Protect capital – precision matters more than frequency.

💡 Comment “⚠️” if you’re watching this bearish setup today.

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buy and trade here on $NEXO