$NEXO USDT – SIDEWAYS PRESSURE BUILDING AROUND EMAS
EMA CLUSTER TIGHTLY PACKED
REJECTION NEAR $1.350 ZONE
$NEXO pushed up to $1.350 before getting rejected, and now it's hovering right around the EMA(25) at $1.339 on the 15m chart. All three EMAs (7/25/99) are tightly squeezed, indicating low volatility and indecision. Price is coiling — a breakout or breakdown may follow soon.
Scalpers should wait for a clear break above $1.345 or below $1.333 before acting.
Scalp Trade Setup
Entry Zone: $1.339 – $1.342
Stop Loss: Below $1.331
Target 1: $1.347
Target 2: $1.355
Keep risk tight. Trade the breakout, not the chop.
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