$NEXO
/USDT Technical Analysis: Watch These 3 Key Targets đŻ
The NEXO/USDT pair is showing some positive movement with a recent uptick of +1.69%. Letâs break down the key levels to keep an eye on as the price progresses.
1ïžâŁ Target 1: $1.300 (Resistance)
The price is approaching its 24-hour high at $1.300. If NEXO can break this resistance, we may see further bullish momentum driving the price upwards.
2ïžâŁ Target 2: $1.220 (Support)
On the downside, $1.220 is a key support level. A bounce here could signify a healthy correction before another attempt at higher levels.
3ïžâŁ Target 3: $1.210 (Critical Support)
If the price falls below $1.220, the $1.210 level will be critical in maintaining a bullish trend. A strong bounce from here could reinforce NEXOâs upward trajectory.
Watch these targets closely as NEXO/USDT could see increased volatility in the short term. Happy trading!
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