🔴 $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.
#NKNUSDT #BinanceFutures #ShortSignal #AltcoinSetup #CryptoTrading