💡Don't miss the great buy opportunity in NEXOUSD @Nexo
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.010).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEXOUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.113
TP2= @ 1.190
TP3= @ 1.284
TP4= @ 1.391
TP5= @ 1.555
SL= Break below S2
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