$NEXG (5216.MY)$ ๐ฆ NEXG โ Decision Zone Ahead | Monday Outl...
๐ Trend Check
Major downtrend already broken
Strong impulse โ healthy pullback
Now consolidating, waiting for direction
๐งฑ Key Levels
๐ข Support: 0.265โ0.260 (strong demand zone)
๐ก Current: ~0.33 (middle of range = decision area)
๐ด Resistance: 0.37 โ 0.40 (prior supply)
๐ Momentum
RSI mid-range โ not overbought, not oversold
MACD improving but needs volume confirmation
No panic selling โ structure still intact
๐ Monday Outlook
โ Bullish continuation if:
Holds above 0.30
Breaks 0.35โ0.37 with volume
Target: 0.40
โ ๏ธ Shakeout / range play if:
Fails to hold 0.30
Possible retest 0.265 support
Weak hands get flushed before next move
๐ง Market Logic
Not bearish, not confirmed bullish yet.
This is a wait-for-confirmation zone, not a chase zone.
๐ Trade Plan (NFA)
๐ Aggressive:
Entry: Break & hold >0.37 with volume
SL: <0.34
TP: 0.40
๐ Conservative:
Entry: Pullback near 0.265โ0.28
SL: <0.25
TP: 0.35 โ 0.40
โ ๏ธ Reminder
Middle of range = higher noise
Let price confirm, donโt predict
๐ฌ Market pays patience, not impatience.
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