$NKN /USDT BEARISH PRESSURE BUILDS AS PRICE STRUGGLES BELOW RESISTANCE
NKN/USDT is consolidating just below the $0.0282 resistance, with momentum indicators flashing weakness. The MACD histogram has shifted to negative (MACD: -0.0001), suggesting a potential shift in market sentiment towards the downside. A breakdown below $0.0270 could accelerate bearish momentum towards lower support levels.
SHORT Entry Zone: $0.0275 - $0.0278
Targets (TP): $0.0270 / $0.0265 / $0.0260
Stop Loss (SL): $0.0283
Risk Management: Risk 1-2% of capital per trade. Move stop loss to breakeven after TP1 is achieved. Avoid overexposure due to thin market liquidity.
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