$NKN /USDT BEARISH MOVE AHEAD | SHORT TRADE SETUP

Technical Analysis:

NKN/USDT is showing a bearish momentum, currently trading at $0.0277 (-5.14%). The price has broken below key intraday support zones and is forming lower highs and lower lows—suggesting sellers are in control.

Key Levels:

Resistance:

$0.0288 (Recent high on lower timeframes)

$0.0292 (24h high, strong supply zone)

Support:

$0.0271 (24h low)

$0.0265 (Next strong demand zone from past price action)

Current Price: $0.0277

Trade Setup (Short):

Entry: $0.0277 – $0.0280 (on any retest or bounce)

Take Profits (TP):

TP1: $0.0271

TP2: $0.0265

Stop Loss (SL): ❌ $0.0288

Risk Management:

Risk only 1–2% of your capital. Stick to SL and avoid overleveraging. Wait for confirmation candles on smaller timeframes before entry.

Stay sharp. Bear claws are out. #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #Write2Earn $NKN