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$NEXO is showing strength again after a normal pullback. Buyers are still supporting the price at higher levels, and the recent move toward resistance could be a sign that another upward trend is starting.
Trade Idea
Entry: $0.805 - $0.810
TP1: $0.825
TP2: $0.845
TP3: $0.870
Stop Loss: $0.790
The price is testing an important resistance area after bouncing back from recent selling pressure. If it breaks above this level and holds, more buyers may enter the market, helping the price move toward the next targets.