$NKN 💥✨

NKN
NKN
0.0072
-16.27%

/USDT has printed a strong impulsive move followed by healthy consolidation, signaling continuation strength rather than exhaustion. Price action has broken above a key accumulation range with expanding volume, confirming bullish dominance. The structure suggests a classic breakout–retest scenario, where buyers are defending higher lows and compressing price for the next expansion. As long as the market holds above the breakout zone, upside momentum is favored.

Bullish Bias: Continuation after volatility expansion

Key Support Zone: Previous breakout and consolidation base

Market Structure: Higher highs and higher lows intact

Targets (TP):

TP1: 0.0170

TP2: 0.0205

TP3: 0.0240

Stop Loss (SL):

Below the invalidation zone at 0.0118

Risk Management:

Risk only a small percentage per trade, wait for confirmation on lower timeframes, and trail stop loss as targets are approached to protect capital.

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