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Monitoring $NEXO : Crucial Support Test 📊

Looking at the 1H timeframe, $NEXO is currently hovering right at the key support level of $0.735. It recently broke below the $0.746 zone, which may now act as an immediate resistance.

Technical Levels on the Chart:
🛡️ Immediate Support: $0.735
📉 Lower Support: $0.722
🚧 Immediate Resistance: $0.746
$NEXO

The price action in this area is very critical to observe.
What is your technical view on this? Do you think NEXO will hold this support and test $0.746, or will it break down to $0.722? Let me know your thoughts in the comments! 👇

(Educational chart observation only | NFA | DYOR)
#NEOX #NEXOUSDT #NEXOToken #earn2share #moneycontrol