$NKN / USDT Potential Short Reversal Trade Setup

Setup: Potential Short Reversal after testing resistance.

Entry: $0.0401 - $0.0403 (around the current price, looking for bearish confirmation)

Stop Loss: $0.0411 (just above the recent high)

Targets:

* $0.0395

* $0.0390

* $0.0385 (below EMA(25))

Confirmation:

* Bearish candlestick forming after testing the $0.0437 high.

* Decreasing buying volume.

* Price breaking below short-term support levels.

Risk/Reward: ~1:2 to 1:3+

Leverage: 1x-3x

Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $0.0411.

Trade here: click $NKN

#NKN #ShortSetup #BearishReversal #CryptoTrading #Monitoring