"𝗡𝗞𝗡 𝗖𝗿𝗮𝘀𝗵𝗲𝘀 𝘁𝗼 $𝟬.𝟬𝟮 – 𝗕𝘂𝘆 𝘁𝗵𝗲 𝗗𝗶𝗽 𝗼𝗿 𝗥𝘂𝗻 𝗳𝗼𝗿 𝗖𝗼𝘃𝗲𝗿❓Great Dip or Deeper Trouble❓ $NKN /USDT Tanks Over 60% in Days❗Congratulations to the bears – this one’s for you❗ $NKN has taken a massive hit, dropping from above $0.05 to just $0.0208, with today's price action alone showing a -14.05% dip. Over the past week, it’s been red candles all the way, with no significant bounce in sight.
In the last 24 hours:
High: $0.0253
Low: $0.0195
Volume: 230M NKN traded❗
That’s a huge sell-off, and the daily chart shows relentless bearish momentum. The price broke multiple support levels and is now teetering just above the $0.02 psychological zone.
Now the big question is:
Is this a golden opportunity to buy the dip❓ Or a warning sign of further collapse❓
Let’s not forget – high volume + sharp drop = fear AND potential. The panic is real, but so is the setup for high-risk, high-reward plays.
Great strategy now?
Set alerts around $0.02 for potential accumulation.
Watch for signs of bottoming volume spikes or bullish divergence.
Stay updated – this might turn into a bounce play soon!
NKN fam – are you buying, holding, or exiting❓ Drop your thoughts below❗
Signal: NKN/USDT – High-Risk Reversal Zone
Entry (Spot): $0.0200 – $0.0210
Target 1: $0.0245
Target 2: $0.0280
Stop-Loss: $0.0185
Risk/Reward: ~2.5:1
Type: Short-Term Swing / High-Risk Bounce
Confidence: Medium (Wait for bullish confirmation like a green daily close or volume spike)
Notes:
Price is sitting at a major psychological level ($0.02) after heavy selling.
Watch for reversal signals like bullish engulfing or RSI divergence.
If it breaks below $0.0185 with strong volume, reevaluate.
#TWIN_TULIPS
