$NEXO 📈 NEXO Analysis: Triangle Pattern Indicates Neutral Phase

🔍 Price action in $NEXO forms a triangle pattern, suggesting a period of indecision in the market.

💡 Hold Off on New Trades: No-Trade Zone Advised

🛑 It's prudent to refrain from new entries as the market exhibits sideways movement within the triangle.

💰 Support Zone: $1.115-$1.185

💹 Resistance Zone: $1.366-$1.40

👀 Keep an eye on these price levels for potential shifts in momentum.

🔍 Analyzing $NEXO's Chart: Triangle Pattern Bounce Signals Caution

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📣 Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves risks, and decisions should be made based on individual research and risk tolerance.#Megadrop #bitcoinhalving #BinanceLaunchpool #BTC #Token2049