NEXO Flashes a Signal That Preceded 150% and 65% Rallies in 2023

A cooling volume signal has appeared on Nexo (NEXO), echoing a 2023 pattern that preceded sharp rebounds. The ongoing corrective trend is losing momentum, with selling pressure weakening as the token trades near yearly lows. The same setup previously emerged twice in recent history, although current market conditions differ meaningfully from those of earlier episodes.