$NEXO is currently trading around 0.876, with a -0.45% change over the last 24 hours. After the recent consolidation near intraday lows, the chart is starting to show signs of stabilization. Price is holding just above the 0.875 area, which could act as short-term support if buyers step in.

On the lower timeframe, the market is still moving in a tight range, but if momentum returns and price reclaims nearby resistance, a recovery move could develop.

Trade Setup

• Entry Zone: 0.875 – 0.878

• Target 1: 0.882

• Target 2: 0.885

• Target 3: 0.892

• Stop Loss: 0.872

If the breakout zone is reclaimed with strong volume, NEXO could push into a stronger upside move and retest the higher intraday resistance levels.

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NEXO

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