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$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.

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