$NKN
🚨quick analysis for NKNUSDT futures 🚨
⌛15 MIN Timeframe⌛
📈 Trend Direction (Futures): Short-term Bearish Correction
💰 Entry Price: Around 0.0385 - 0.0390
🎯 Targets:
🥇 0.0395
🥈 0.0400
🥉 0.0405
🛑 Stop Loss🫸 : 0.0375
📢 LEVERAGE X5-X10 🔥
🔧 Analysis Equipment:
◽ MA(7, 99, 200): Price trading below all key moving averages, bearish signal.
◽ MACD: Bearish cross occurred, downward momentum currently dominant.
◽ RSI(14): Deeply oversold level at 28.47, bounce potential.
◽ K% (Stochastic): Heavily oversold at low levels.
◽ CCI : Indicates strong downward price momentum.
◽ Order book : More sell orders than buy orders (60.72% sell).
🧬 Fibonacci :
0.0400
0.0405
0.0410
0.0415
💧 Liquidity: Higher selling side liquidity on order book.
📰 News Sentiment: Recent sentiment shows positive price moves contrasting short-term dip.
📝 NOTE: Short-term bearish correction, indicators show oversold conditions; watch for potential bounce.