$NKN /USDT – BULLS ATTEMPTING A RECOVERY MOVE
$NKN has bounced off the 0.0265 support and is now trading at 0.0281, showing a short-term bullish push. Price is approaching resistance around 0.0288 – 0.0295, and a breakout above this level could trigger a stronger rally.
Trade Setup (Long):
Entry Zone: 0.0278 – 0.0282
Targets:
TP1: 0.0288
TP2: 0.0295
TP3: 0.0305
Stop Loss: 0.0266
Market Outlook:
Despite heavy long-term weakness (down 61% YoY), intraday momentum favors bulls after reclaiming support. If NKN holds above 0.0278, it has room to test 0.030+. Failure to sustain could drag price back toward 0.0265.