$NKN — BUYERS ARE BACK IN CONTROL
Bullish momentum has officially returned to $NKN, and this move is not random hype — it’s structured, calculated, and backed by real demand.
After days of tight compression near the lows, liquidity was quietly building. Sellers kept pressing, but each push lower got weaker. Once demand finally stepped in, price exploded with volume, confirming seller exhaustion and a genuine shift in control.
What we’re seeing now is not weakness — it’s a healthy pullback.
Market Structure Read
This is a textbook impulsive breakout → controlled retracement setup.
Strong expansion from the base
Clear break of structure
Powerful impulse high printed
Current pullback is shallow and orderly
That’s how trends reset momentum before launching the next leg higher.
As long as buyers defend the key zone, the bullish structure stays intact.
Trade Plan — LONG $NKN
Entry Zone (EP):
0.0080 – 0.0084
This zone sits above the breakout base and aligns perfectly with short-term demand. Holding here = continuation probability stays high.
Targets (TP):
TP1: 0.0095
TP2: 0.0106
TP3: 0.0118
These levels come from prior reaction zones and the recent impulse high. If momentum returns, extension beyond TP3 is very possible.
Stop Loss (SL):
0.0074
Clean and tight. A break below this level invalidates the structure — risk is clearly defined.
Why This Setup Works
Strong volume expansion on the breakout = real buyers, not a fake spike
Pullback happening with reduced selling pressure
Sellers look exhausted, buyers are patient
If demand steps in again at the entry zone, continuation becomes highly likely
This is how strong trends build higher highs and higher legs.
I’m focused.
I’m patient.
I’m ready for continuation if the level holds.
Let’s go — trade smart, trade $NKN.