$NEXO /USDT 

TECHNICAL ANALYSIS - LONG TRADE SIGNAL

Trade Setup:

Long Entry: Enter at 0.960 (break above recent consolidation).

Targets (TP):

TP1: 0.970

TP2: 0.978

Stop Loss (SL): Set at 0.947 to protect against downside break.


The short-term bias remains bearish as the pair has been trending down in the last 24h, showing consistent red candles. A short position could be considered if price breaks below 0.947, targeting 0.940.

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