$NEXO /USDT BEARISH PRESSURE REACTIVATED – SUPPORT ZONE UNDER THREAT

Price action on the 15m chart shows $NEXO failing to sustain above resistance and reacting sharply from the 1.302 rejection zone. Bears are stepping in aggressively, pushing the pair back towards lower liquidity areas. The current structure signals renewed selling momentum.

Trade Setup (Short Entry):

Entry Zone: 1.295 – 1.302

Target 1: 1.280

Target 2: 1.265

Stop Loss: 1.310

Market Outlook:

Momentum is leaning bearish as supply zones continue to reject upward moves. Unless price reclaims 1.302 with strong volume, downside pressure remains dominant. A break below 1.280 could trigger a sharper fall.

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