🔹 $NEXO /USDT Market Update
Trading Signal: ⚠️ Cautious Long Opportunity
Analysis:
is currently trading at 1.242 USDT, up +0.24%. The 24h range is 1.228 – 1.269 USDT, showing consolidation near support levels. Technical indicators show K: 83.12, D: 68.05, J: 113.28, suggesting the coin is in an overbought zone, while MACD (0.002) indicates mild bullish momentum.
Note for Traders:
Support is near 1.228 USDT, and resistance is around 1.269 USDT. Long positions could be considered with caution, focusing on strong confirmation signals and maintaining strict risk management.