📊 $NEXO
/USDT Technical Analysis – Target Breakdown 🎯
Current Price: $1.35 (+3.21%)
NEXO/USDT has shown strong momentum in recent weeks, rising by 35.88% over the past 90 days. Here's an analysis of potential price targets:
🎯 Target 1: $1.40
A short-term resistance level driven by recent bullish sentiment. Breaking this level could confirm upward momentum for intraday traders.
🎯 Target 2: $1.50
A medium-term target. Reaching this zone may signal sustained bullish strength and attract additional trading volume.
🎯 Target 3: $1.65
A key long-term target. Achieving this level would mark a significant breakout, with potential to test new highs if the market remains supportive.
Support Levels:
$1.30 (Immediate support)
$1.25 (Stronger base for recovery)
Trend Outlook: NEXO's technical indicators reflect bullish momentum, but traders should watch for volume surges and market sentiment shifts to confirm these targets. Always trade with caution and use proper risk management.