$NEXO /USDT BEARISH REVERSAL ALERT đšđŽ
NEXO has lost momentum after repeated rejections near 1.29 and is now trading at 1.22, breaking down from recent support levels. Sellers are gaining dominance, and a further drop looks likely unless price reclaims 1.25 with strength.
Trade Setup:
Entry: 1.22 â 1.24
Take Profit 1: 1.20
Take Profit 2: 1.18
Take Profit 3: 1.15
Stop Loss: 1.29
Leverage: 10x
Risk Allocation: Margin 2â3% of wallet
Market Outlook:
Short-term bias is bearish with downside pressure building. If NEXO closes below 1.20, it may extend losses toward 1.15. Bulls must reclaim 1.29 resistance to shift the outlook back to bullish momentum.
