$NEXO USDT – CONSOLIDATION NEAR HIGHS! BREAKOUT LOADING?
– PRICE HOLDS ABOVE MA(99) AND COILS TIGHTLY
– STRONG SUPPORT AT $1.236; BULLS DEFENDING KEY LEVELS
$NEXO USDT has been ranging after a sharp move from $1.201 to $1.259. Price is now coiling just below resistance, forming a potential breakout setup as it finds support on the MA(25) and MA(7).
Long Trade Setup:
Entry: $1.249
Target 1: $1.259
Target 2: $1.275
Stop Loss: $1.235
A clean break above $1.259 could trigger a strong bullish continuation.
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