$NEXO
Current:Rs256.76 | Δ +0.77%
Overview:NEXO token provides utility within its leading crypto lending platform. Price is closely tied to platform profitability and token buyback activity.
⚡Trade Setup:
Entry Zone: Rs248 - Rs253
TG1: Rs275 | TG2: Rs295 | TG3: Rs320
SL: Below Rs240
Short-Term(1-4 weeks): Positive bias within a range. A close above Rs265 could signal the start of a stronger trend.
Long-Term(6+ months): Dependent on the regulatory clarity for crypto lending platforms and the success of its diversified fintech offerings.
Pro Tip:Track the quarterly dividend/buyback announcements; price often rallies into and around these events.

NEXO
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