$NKN /USDT – Approaching Key Resistance
$NKN/USDT is trading at $0.1048, up 2.04% in the last 24 hours. With a 14.04% gain over 7 days, the token is building momentum, approaching a breakout level.
Trade Plan:
• Entry: Around $0.1040–$0.1050 for a breakout trade.
• Targets:
• Target 1: $0.1100
• Target 2: $0.1150
• Target 3: $0.1200
• Stop Loss: $0.1000 to manage risk.
Why $NKN/USDT?
• Strong recovery of 28.91% over 90 days, showing bullish potential.
• Consolidation near key levels with growing volume supports an upward breakout.
• Long-term technicals show resilience despite earlier pullbacks.
Watch for a breakout above $0.1060 to confirm momentum. Trade carefully with proper risk management!