$NKN | 12h Analysis 📊

- To be clear, I expect the price to rise primarily towards the 0.0332 level and collect liquidity here. If this level breaks, the next targets would be 0.0356 and 0.0376.

- The best area for a long position is the bullish FVG zone between 0.0290-0.0277; entering a trade here without seeing a clear reversal formation (like a pin bar, bullish engulfing, a quick spike on a lower time frame, or liquidity sweep) would be risky.

- If the price makes a fake rise above 0.0332 and then turns back down, then you can consider a short position, but for now, my overall bias is bullish.

- Will my expectation change? If the price remains below 0.0277 and especially dips below 0.0249, I would abandon the bullish bias and expect a decline.

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