🚀 $NEXO Breakout Continuation Setup
$NEXO has successfully reclaimed the psychological $1.00 level with strong bullish momentum. Price has broken out of the recent consolidation range, and this move suggests further upside continuation as long as the breakout level holds as support.
The structure remains clearly bullish, and dips are being absorbed well by buyers. As long as price stays above the key support zone, continuation toward higher targets is expected.
📌 Trade Plan (Long):
Entry Zone: 0.985 – 1.005
Stop Loss: 0.960
🎯 Targets:
TP1: 1.030
TP2: 1.040
TP3: 1.100
📊 Market Structure Insight:
Bullish structure remains valid above 0.98. A healthy pullback into the entry zone can offer a high-probability continuation setup.
⚠️ Risk Management:
Prefer pullback entries, avoid chasing impulsive green candles. Enter calmly, manage risk properly, and book profits step by step.
Stay sharp and trade smart 💪
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