$NKN – Attempting a Reversal After Significant Drop
$NKN dropped by almost -7% today, but buyers are beginning to step in at the $0.0372 support level! The price is currently at $0.0396 and showing signs of upward movement.
Trade Setup
• Entry Zone $0.0390 – $0.0400
Targets
🎯 TP1 $0.0415
🎯 TP2 $0.0430
🎯 Final Target $0.0450
• Stop-Loss $0.0370
Technical Insight
A double bottom pattern is forming on the 15-minute chart. A breakout above $0.0405 could trigger a swift rally