$NEXO — Resistance Breakout Attempt, Bulls Target Expansion
Long $NEXO
• Entry: 0.830 – 0.850
• Stop Loss: 0.790
Targets:
• TP1: 0.880
• TP2: 0.920
• TP3: 0.980
$NEXO is attempting to break above the key 0.850 resistance level after reclaiming the important 0.800 psychological support. The 4H structure shows improving bullish momentum, with a clear series of higher lows forming from the 0.700 base. This compression below resistance often leads to volatility expansion once buyers gain full control.
A sustained hold above 0.850 can trigger continuation toward higher liquidity zones at 0.920 and 0.980. The bullish outlook remains valid while price holds above 0.790, keeping the breakout structure intact and offering a strong risk-to-reward long opportunity.
Trade NEXO here 👇
NEXO
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