Recent price action shows
$NKN trading around $0.0120-$0.0130, with modest daily movement and low liquidity. �
CoinMarketCap
On major timeframe technicals, most indicators signal Sell or Strong Sell, reflecting weak trend and oversold conditions — especially RSI very low, suggesting possible short-term bounce zones. �
Investing.com
Some regional data points show neutral signals (balanced buyers/sellers) on short frames, but longer-term indicators remain bearish. �
Investing.com India
Downside pressure drivers:
Technical resistance around key moving averages above price. �
MEXC
Lower liquidity and exchange delisting history weigh on sentiment. �
CoinMarketCap
Bullish context (if conditions improve):
Oversold momentum (RSI extremely low) can attract short-term buyers. �
Investing.com
Break above local resistance with strong volume could shift short-term bias.
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