$NKN /USDT BULLISH MOMENTUM CONTINUATION – BUY ON PULLBACK
NKN/USDT has delivered a sharp bullish impulse from the accumulation base, breaking above multiple resistance levels with strong volume confirmation. The market structure on the 4H and 1D timeframes reflects higher highs and higher lows, indicating sustained bullish control. After an aggressive expansion, price is likely to consolidate or retrace into a demand zone before the next upward leg. As long as the structure holds above key support, the trend remains bullish.
Trade Idea: LONG
Entry Zone: 0.00660 – 0.00700 (pullback into demand and EMA support)
Stop Loss: 0.00480 (below structure low and invalidation level)
Targets:
TP1: 0.00890 (recent high and first resistance)
TP2: 0.01150 (bullish continuation zone)
TP3: 0.01480 (extended target based on breakout projection)
Risk Management:
Limit risk to 1–2% of total capital. Secure partial profits at each target and move stop loss to breakeven after TP1 to protect gains.
#TechnicalAnalysis #NKNUSDT #BullishTrend #AltcoinTrading #PriceAction $NKN
