🔴 $NKN

/USDT – SHORT TRADE SIGNAL

REJECTED FROM $0.0272

BEARISH PULLBACK RETESTING LOWER HIGHS

$NKN showed a short-term rally but quickly faced rejection at $0.0272, dropping to $0.0243 before a mild bounce. The current price action suggests a lower high setup, and buyers are showing signs of weakness.

🔴 SHORT TRADE SETUP:

Entry Zone: $0.0254 – $0.0258

Take Profit: $0.0242

Stop Loss: $0.0266

📉 Market Outlook:

Unless bulls can reclaim $0.0265 with strong volume, this recovery looks like a dead cat bounce. Structure favors a continuation to the downside.

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