🚀 $NEXO /USD: TESTING KEY LEVELS – BULLISH BREAKOUT IN FOCUS! ⚡
The $NEXO /USD pair is currently trading at $1.311, consolidating near critical support and resistance zones. Traders should watch closely for potential breakout opportunities.
📊 Trade Scenarios:
Entry Point: $1.311
Take Profit (TP) 1: $1.330
Take Profit (TP 2): $1.350
Take Profit (TP 3): $1.375
Stop Loss (SL): $1.290
Support is at $1.290, while resistance is at $1.330. A breakout above $1.330 could propel the price toward $1.350 and $1.375. However, a drop below $1.290 may suggest a bearish pullback.
📉 Market Outlook:
NEXO is showing strength as it approaches the $1.330 resistance. A successful breakout above this level would confirm bullish momentum. Conversely, a dip below $1.290 could indicate short-term bearish pressure.
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