NXRAUSDT to head up towards around 0.14 zoneThe price has bounced well from weekly support WS1. It has been on a downward journey since it hit ATH after having a good run from last quarter of 2023 till end of first quarter of 2024. But that downward journey has been interrupted by WS1 and the price found support there and has reversed from there. The strength on this move up has been impressive and this journey is likely to continue. I see the price soon approaching weekly resistance WR1 where it might face some struggle but that wont be significant and eventually the price will move towards monthly resistance MR1. I think next month will be bullish for this asset.
