#NKN# /USDT – Oversold Bounce or Trend Reversal?

Current Price: $0.0273 (+12.88%)
24H Range: $0.0226 – $0.0313
Volume Spike: 162.61M – Monitoring tag but major gainer!
NKN saw a heavy dump, followed by a sharp bounce off the $0.0226 low. Price is now reclaiming short-term momentum, signaling a possible reversal or dead cat bounce setup.
Key Levels:
Support: $0.0250 / $0.0226
Resistance: $0.0300 / $0.0313
Immediate Zone to Watch: $0.0285
Trade Setup (Speculative):
Entry: $0.0270–$0.0280
TP1: $0.0300
TP2: $0.0313
Stop Loss: $0.0250
Market Insight:
Strong recovery candle post-capitulation. If momentum holds, this could develop into a short-term V-reversal play. Caution advised due to volatility.
Pro Tip:
Look for volume continuation and a reclaim of $0.0285 for safer upside. Avoid if volume dries up near resistance.
From Monitoring to Moving – NKN Needs Close Watching!
Let’s see if it flips $0.03 next!

#Join Honor Credits Draw & Win MacBook Air and Merch# #Market Analysis After Tariff Policy# #SUT HODLer Airdrop#