$NKN /USDT Bearish Analysis | Binance
Entry (Short): $0.0385 ā $0.0390
Targets:
šÆ Target 1: $0.0370
šÆ Target 2: $0.0340
Stop Loss: > $0.0405
NKN remains in a strong downtrend (-9.62% today, -69% in 1 year).
Trading below key moving averages (MA(7), MA(25)).
No signs of reversal ā bearish momentum likely to continue.
Strategy: Short near $0.0390 resistance, target breakdown to lower supports.