📈 $NEXO
Long Setup: Bullish Recovery in Play! 🚀
Nexo ($NEXO) is showing strong signs of a trend reversal on the 1H timeframe. After a solid recovery phase, price is now reclaiming key resistance levels and printing consistent higher lows—a classic signal that buyers are regaining control.
📊 Trade Details: NEXO/USDT
Trend: Bullish Recovery 🔄
Buy Zone: $0.970 – $0.995
Current Price: $0.991
🎯 Take Profit Targets:
TP1: $1.020 (Immediate Resistance)
TP2: $1.060 (Mid-term Target)
TP3: $1.120 (Major Extension)
🛡️ Risk Management:
Stop Loss: Below $0.955 🛑
💡 Market Outlook
The structure remains firmly bullish as long as we hold above the $0.970 support level. A decisive break and candle close above the psychological $1.00 mark could trigger a rapid acceleration toward our higher targets.
Watch the volume closely at the $1.00 breakout point! ⚡
By: Nabiha Noor
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