NXPC/USDT – Technical Update

NXPC just got rejected hard at the 0.50 resistance level, triggering a sharp selloff. The move flushed out plenty of liquidity before breaking the near-term bullish setup we had going.

Now price is consolidating around 0.38, which looks like a breather zone after that aggressive momentum run. The squeeze here is pretty notable—typically signals traders are catching their breath before the next move. Whether it builds into another leg down or finds footing depends on how this compression holds. Key level to watch.