Thanks for sharing the snapshot of $NKN /USDT market data. Here’s a breakdown of the key trading indicators and what they might suggest:
---
Current Market Info
Price: $0.0380
24h Change: -11.42%
24h High: $0.0590
24h Low: $0.0374
24h Volume ($NKN ): 1.85B
24h Volume (USDT): $84.79M
---
Technical Indicators
MA(5): 21.6M
MA(10): 33.2M
Slight bearish crossover if MA(5) is lower than MA(10)
RSI(6): 29.03
Oversold territory (below 30), which could suggest a potential bounce or reversal.
MACD and BOLL indicators mentioned but not fully detailed. If MACD is below the signal line and the histogram is negative, it's bearish.
---
Order Book/Depth Levels
You listed multiple depth levels (like 0.0620, 0.0535, etc.) — these are likely key resistance/support areas or large order concentrations.
---
Summary
Bearish sentiment at the moment with a sharp price drop.
RSI suggests potential for rebound, but needs confirmation from volume or trend reversal.
If you're holding or looking to enter, watch for bounce signals or confirmations like:
RSI rising above 30
Price moving back above MA(5) or MA(10)
Volume spikes on green candles
