/USDT Technical Analysis Update:
NKN is making waves today, currently trading at $0.0825, up +9.71% in the last 24 hours. Let’s dive into the key targets:
🎯 Target 1: $0.0860
The 24h high of $0.0860 represents the first resistance level. If NKN continues its bullish momentum, breaking this level could signal further upside potential.
🎯 Target 2: $0.0800
A crucial support at $0.0800 has shown strength. If the price retraces, this level should provide a solid floor, giving traders a chance to enter for a bounce.
🎯 Target 3: $0.0740
The 24h low of $0.0740 marks a key defensive line. Any dip below this could push NKN into a bearish territory, so it’s important to watch this level for potential volatility.
Overall, NKN is showing strong infrastructure growth. Keep an eye on these targets as the price action unfolds!