$NEXO Consolidates – A Bounce from Critical Support?
$NEXO is trading at $1.482 on the 15-minute chart, stabilizing after a dip from the 24-hour high of $1.512. The price is currently holding above its key support level at $1.475, while the RSI at 36.63 signals that NEXO is approaching oversold territory, suggesting a potential rebound.
With MACD showing slight bearish pressure but a flattening trajectory, buyers may step in if the support holds. A move above $1.487 could trigger renewed momentum, signaling an early recovery for NEXO. Keep an eye on price action at these levels for a bullish turnaround.