$NKN explosive move started with quiet accumulation around the $0.005–$0.006 zone, where sellers were absorbed and volatility stayed compressed. Once price broke above this range, market structure flipped bullish and momentum kicked in fast. Shorts got squeezed, breakout traders piled in, and volume expanded sharply, confirming real participation 📊. In low-cap coins like NKN, this mix often leads to sudden, vertical moves, which is exactly what followed.
💥 Momentum did the rest. After the structure break, NKN entered a price expansion phase, pushing past $0.011 and delivering a 100%+ move. Shallow pullbacks show buyers are still in control. As long as price holds above $0.009–$0.0095, the bullish structure remains valid 🟢. A clean break above $0.0118 could extend the move, while losing support may trigger profit-taking. Trade the levels, not the hype.
