$NXPC
Just saw a sharp breakdown after failing to hold the mid-range structure. Price sliced cleanly below MA(25) and MA(99), confirming bearish momentum dominance.
Key observations:
• Strong rejection near 0.50 marked a local top
• Consecutive long red candles = aggressive distribution
• Current price hovering near 0.39 — a critical demand zone
Levels to watch:
• Support: 0.39 → 0.38 (make or break zone)
• Resistance: 0.42 → 0.47 (previous MA cluster)
Bias:
If 0.39 fails to hold, downside extension is likely. Any bounce toward 0.42 looks corrective unless structure is reclaimed with volume.
Risk management is key — volatility is expanding.
NXPC
0.386
+1.52%