NFP – Oversold Reversal Setup with Huge Upside PotentialNFP has been grinding lower for months, printing a clean downtrend on the daily chart. But after that sharp flush below 0.035, price snapped back quickly — a classic sign of capitulation followed by smart money accumulation. The structure now looks like it’s trying to carve out a short-term bottom.
The recent bounce off that liquidity zone, combined with a tight consolidation right above support, could be the early stage of a reversal. On setups like this, traders often look for confirmation through higher lows or expanding volume before calling it a true trend change.
The 0.05 region looks like the first meaningful resistance to test if buyers can maintain momentum. With moderate leverage (3–5x) and a clearly defined invalidation level, it’s a risk-managed idea rather than pure speculation.
Let’s see if bulls can build from this base and push toward that 0.05 zone.
NFPUSDT
Bullish Breakout Alert: #NFP Forms Cup and Handle Pattern!🌴💎 Paradisers, #NFP has broken out of the resistive trend line and, after breaking down its previous swing, is now forming a cup and handle pattern, which is a bullish reversal pattern and appears to be a bear trap.
💎 If #NFPUSDT closes a candle above the resistance level, we can expect a bullish move. This zone likely contains many stop losses placed by bears, which will start to get triggered once the price moves above it, leading to a bullish move up to the next resistance levels.
💎 However, if the price breaks down below the bullish invalidation level, it will invalidate the cup and handle pattern. In that case, it would be better to wait for more favorable price action to develop.
NFP Spot buying for quick returnBYBIT:NFPUSDT.P
NFP looks good at bottom right now and if it stay here then chances to give 10% to 30% move
