$NKN /USDT STRONG BULLISH MOMENTUM WITH CONTINUATION POTENTIAL
$NKN/USDT has delivered a powerful breakout move after printing a strong impulsive rally from the recent demand zone. The structure shows higher highs and higher lows on the lower time frame, confirming short-term bullish market control. Volume expansion during the upside move signals aggressive buyer participation.
Price has broken above previous resistance and is now consolidating, suggesting a potential continuation toward higher supply zones. As long as price sustains above the recent breakout region, bullish momentum remains dominant.
LONG SETUP
Entry Zone: 0.0120 – 0.0130
Stop Loss: 0.0108
Targets:
TP1: 0.0146
TP2: 0.0170
TP3: 0.0177
A clean hold above the breakout area increases the probability of continuation toward the upper resistance levels.
Alternative Scenario (Short-Term Rejection)
If price loses 0.0108 with strong selling pressure, short-term pullback toward 0.0086 can occur.
Risk Management:
Risk only 1–2% of total capital per trade. Use partial profit booking at each target and trail stop loss to protect gains as price moves in favor.
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