$NXPC is losing momentum on the 4H.

That spike to 0.3799 was pure hype.

Now price is back under pressure around 0.2842 and structure looks weak.

As long as bulls don’t reclaim 0.29 - 0.302, this still looks like a sell-the-bounce market.

Levels I’m watching:

Support: 0.277

Resistance: 0.29 / 0.302

Breakout zone: above 0.305

Right now, this is not strength.

This is a market asking: who still wants to hold?

#US-IranTalks