$NES is in a bearish 1H structure, with price failing to sustain recovery and forming lower highs after the rebound from 0.10997. Price is now pressing 0.11319 support with increasing downside momentum, and a breakdown below this level would favor bearish continuation toward the 0.11000 area.
EP 0.11340–0.11420
TP 0.11200 / 0.11000 / 0.10900
SL 0.11520
The bearish scenario remains valid while price stays below 0.11520, while a sustained reclaim above 0.11720 would invalidate the setup.
