Nexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share.

EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend.

Short term, I see a move to 2.91 very likely after rounding out a bottom and breaking 2.53 horizontal resistance level and retesting. Close above 2.68 on H12 would confirm strong move up.

Within next 2 weeks, 3.05 to golden pocket.

By EOM, 3.43 would be next.

Once NEXO closes above 3.43, I will be looking for a long play to 4.82 as the next power move up.

1st PT - 2.91
2nd PT - 3.05
3rd PT - 3.34

Long term PT - 4.82

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