$NXPC /USDT BEARISH BLEEDING OR BASE FORMING?
$NXPC has been in a brutal downtrend, falling from $2.04 to a low of $1.29 losing over 35% in just a few days. The price is currently hovering at $1.3168, showing signs of short-term stabilization but lacking any bullish volume yet.
The $NXPC chart shows a slowing momentum near support, but the Order Book is 93.7% ask-heavy, meaning sellers still dominate. Until a reversal candle appears, caution is key.
Trade Setup (Risky Reversal Attempt)
• Entry Zone: $1.30 – $1.32
• TP1: $1.37
• TP2: $1.44
• TP3: $1.52
• Stop-loss: $1.27
No confirmation yet wait for a strong 4H green candle and volume shift. Only for experienced traders eyeing a potential bounce from oversold levels.
