⚠️ $NKN /USDT – Bearish Reversal Setup in Play! 🔥

📉 Price: $0.0240 (+14.29%)

🔑 Key Levels:

Resistance: $0.0278 (24H High Rejection)

Support Zones: $0.0230 / $0.0212

24H Range: $0.0201 – $0.0278

📊 Market Insight:

🚀 After a strong pump to $0.0278, $NKN is now seeing aggressive selling pressure.

🔻 Multiple rejections with long wicks suggest buyers are getting exhausted.

🧠 The 1H chart shows a sharp lower high forming – signaling a short-term trend reversal.

💣 Short Trade Setup:

Entry Range: $0.0240 – $0.0245

Targets:

TP1: $0.0230

TP2: $0.0218

TP3: $0.0202

🛡️ Stop Loss: $0.0265

💡 Pro Tip:

Wait for confirmation below $0.0238 before entering. High volume on red candles is a strong short trigger! Manage your risk and aim for clean entries on lower highs.

$NKN