$NXPC
The pair is approaching a price breakout area at $1.0015, achieving a gain of 1.10% and a high trading volume of $2.79 million, indicating early momentum. A price breakout or retest of the support level provides a good buying opportunity.
Entry:
Adventurous: $0.9950-$1.0000 (closing above $1.0015 for one hour + trading volume)
Conservative: $0.9800-$0.9900 (bullish reversal + Relative Strength Index > 50)
First profit target: $1.0200
Second profit target: $1.0500
Third profit target: $1.0800
Stop loss: $0.9700
Risk management:
Risk ratio of 1% to 2% of capital. Position size depends on the stop-loss range. Monitor Bitcoin trends and trading volume for confirmation or exit signals. Trade here 👉🏻 $NXPC
