$NXPC USDT BEARISH PRESSURE BUILDING – PRICE STRUGGLING TO HOLD SUPPORT ⚠️
Explanation:
$NXPCUSDT is trading at 0.8985 (+0.03%), showing weak recovery attempts after a rejection from 0.9080 resistance. The price is moving sideways near the support zone of 0.8934, indicating sellers still have control and further downside may occur if support breaks.
🔑 Key Levels:
Resistance: 0.9080
Support: 0.8934 (recent low)
Current Price: 0.8985
🔻 Trade Setup – SHORT
Entry Zone: 0.8980 – 0.9000
Take Profits:
TP1: 0.8950
TP2: 0.8920
Stop Loss: 0.9040
📉 Market Outlook:
Bearish continuation is expected if price remains below 0.9080 resistance. A breakdown under 0.8934 support could accelerate downside momentum.
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