I’ll analyze this purely as technical/educational guidance, not financial advice. You’re trading $NXPC
NXPC USDT Perp, 3-minute timeframe.
📉 Current Market Structure (from your chart)
Trend: Short-term downtrend
EMA status:
EMA(7) ≈ 0.4677
EMA(25) ≈ 0.4685
EMA(99) ≈ 0.4726 👉 Price is below EMA 25 & 99, so bears still control.
Recent low: ~0.4660
Current price: ~0.4680
Behavior: Small consolidation after a sharp drop → dead-cat bounce / pullback zone
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🔵 LONG SETUP (Counter-trend, risky – scalp only)
✅ Long Entry (only if confirmation)
Entry: 0.4665 – 0.4670
Condition:
Price holds above 0.4660
Small bullish candles / rejection wicks from below
🎯 Take Profit (TP)
TP1: 0.4685 (EMA 25)
TP2: 0.4700 – 0.4705 (previous minor resistance)
🛑 Stop Loss (SL)
SL: 0.4655
If 0.4660 breaks, long idea is invalid.
📌 Risk note: This is against the trend → use low leverage.
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🔴 SHORT SETUP (Trend-following, higher probability)
✅ Short Entry (preferred)
Entry Zone: 0.4688 – 0.4700
Best if:
Price rejects EMA(25)
Upper wick near 0.4695–0.4700
🎯 Take Profit (TP)
TP1: 0.4665
TP2: 0.4645 – 0.4650 (next demand zone)
🛑 Stop Loss (SL)
SL: 0.4715
If price closes above EMA(25) with volume, exit.
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⚠️ Important Risk Management (Especially at 60×)
Use isolated margin, not cross
Risk ≤1–2% of account per trade
Avoid holding during high funding spikes
Wait for candle close, don’t pre-enter
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📌 Summary (Quick View)
Direction Entry TP SL Bias
Long 0.4665–0.4670 0.4685 / 0.4700 0.4655 Risky
Short 0.4688–0.4700 0.4665 / 0.4650 0.4715 Safer