$NXPC SELLERS IN CONTROL AS SUPPORT BREAKS
$NXPC is trading at $1.3636, showing continued weakness after failing to hold above key intraday levels. Price action has broken below the consolidation range, and volume remains low at 74.93K, suggesting sellers are slowly squeezing out any bullish momentum.
Key Levels to Watch:
• Resistance Zone: $1.3900 – $1.4050
Bulls must reclaim this zone to shift short-term sentiment.
• Support Zone: $1.3540 – $1.3620
This range is now under pressure—further downside is possible if this level fails.
Trade Setup:
• Bearish Entry: Breakdown below $1.3540
• Target 1: $1.3300
• Target 2: $1.2950
• Bullish Reversal Entry: Recovery above $1.4050 with volume confirmation
• Target 1: $1.4400
• Target 2: $1.4850
Stop-Loss Strategy:
• For shorts: above $1.3850
• For longs: below $1.3600
Wait for a decisive candle before entering either direction.