š $NEXO /USDT ā BEARISH MOMENTUM AS SAR POINTS DOWNWARD š
$NEXO/USDT is showing weakness after rejection from 1.340, with the Parabolic SAR now positioned above the candles, signaling potential downside continuation. Price is consolidating near 1.317, and if selling pressure persists, a drop toward lower supports is possible.
š Trade Setup (Short):
Entry Zone: 1.316 ā 1.320
Target 1: 1.310
Target 2: 1.300
Stop Loss: 1.327
š Market Outlook:
Bearish sentiment is in control as long as SAR remains overhead. A close below 1.310 could extend the decline, while recovery needs a clear break above 1.327.
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