$NKN / USDT – This One Is Heating Up
NKN just woke up in a big way. Price is up more than 41% in the last 24 hours, and this wasn’t a random spike. It broke out of a tight consolidation, pushed hard, and now it’s cooling off a bit. That pullback matters.
On the 1H chart, bullish candles are still controlling the structure. What we’re seeing now looks like a healthy pause after expansion, not selling pressure. Strong moves don’t go straight up forever. They breathe. This looks like that moment.
Trade idea: Entry zone: 0.0068 – 0.0072
Target 1: 0.0078
Target 2: 0.0085
Target 3: 0.0095
Stop loss: 0.0063
If price reclaims and holds above 0.0075 with real volume, momentum can flip aggressive again. That’s when moves tend to accelerate fast and aim for the prior high and extension levels.
Volatility is already here. The only question now is direction. Manage risk, stay patient, and let the chart confirm the story. This one could still have more in it 🚀
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