Trade Signal Alert: $NKN (Perp) - Potential Breakout Setup
NKN/USDT is currently trading at $0.03347, showing a solid +8.46% gain in the last 24h. The price has bounced sharply from the $0.02780 support level, showing strong buyer interest.
Key Indicators:
MA(7) > MA(25) > MA(99): Bullish crossover forming.
Volume spike indicates increased momentum.
24h High: $0.03999 | 24h Low: $0.03025.
Entry Signals:
Long Entry: Above $0.03420 for a potential push to $0.038 - $0.040 resistance.
Short Entry: Below $0.03100 with target near $0.02800 support.
Risk Management: Use tight stop-losses — SL @ $0.03220 (Long), $0.03380 (Short).
Momentum is building, so stay alert for breakout confirmation on higher volume.
Watch closely — a big move is on the horizon.