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Nexo tests $0.7620 support as bearish trend outweighs RSI rebound

Nexo tests $0.7620 support as bearish trend outweighs RSI rebound

Photo: The Cryptonomist

As of November 2, 2026, NEXO trades at $0.7620 on Binance , leaving the Nexo price at daily S1 while short-term momentum offers only tentative relief. The main scenario remains bearish : the daily trend is aligned lower, and improving intraday readings have not translated into a recovery of nearby resistance. Key takeaways NEXO trades at $0.7620 on Binance , testing daily S1 support. The hourly pivot at $0.7617 is the line between a tentative hold and renewed downside. The nearest resistance is the hourly EMA20 at $0.7655, followed by hourly R1 at $0.7663.

Source: The Cryptonomist

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