$NKN is flashing serious momentum right now. Price exploded nearly 94% in a single session, pushing from the 0.0049 zone to around 0.0099, showing clear breakout behavior. Volume confirms the move — a sharp spike tells us this wasn’t a thin pump but real participation. On the chart, price briefly pushed above short-term resistance, then pulled back toward the MA60 area, which is now acting as a decision zone. This kind of retrace after a vertical move is healthy, not weak. Buyers are still defending higher lows, while volatility remains elevated — perfect conditions for continuation or a strong consolidation base. If NKN holds above the 0.0095–0.0100 range, the structure favors another attempt toward recent highs. Lose that level, and it likely cools before the next leg. Momentum traders are watching closely — this chart is very much alive.

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NKN

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