$NEXO /USDT BEARISH SETUP — WATCH FOR BREAKDOWN BELOW $1.24
$NEXO is weakening after failing to hold above $1.28, now consolidating near $1.245 with downside pressure building. Sellers are gaining momentum, and a decisive break below $1.24 could accelerate losses toward deeper supports.
📊 Trade Setup:
Entry Zone: $1.240 – $1.250 (after breakdown confirmation)
Take Profit 1: $1.220
Take Profit 2: $1.200
Take Profit 3: $1.175
Stop Loss: $1.265
🔎 Market Outlook:
Momentum is shifting bearish as NEXO forms lower highs and approaches a critical support zone. Failure to defend $1.24 opens room for a slide toward the $1.20 handle. Bulls need a recovery above $1.265–$1.28 to reverse short-term weakness.
buy and trade here on $NEXO