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NKNUSDT

NKNUSDT - 125% Profit @ 5x LeverageNKNUSDT on the 1-hour timeframe exhibited a strong bearish momentum, achieving 125% profit at 5x leverage. The short trade setup, captured using the Risological Swing Trading Indicator , has successfully hit TP1 to TP3, with TP4 likely to be achieved shortly. Key Levels: TP1: 0.12615 ✅ TP2: 0.11428 ✅ TP3: 0.10241 ✅ TP4: 0.09508 🔄 Technical Analysis: The trade commenced at 0.13348 with a stop-loss set at 0.13942, ensuring effective risk management. The price has consistently moved below the Risological trend line, affirming the downtrend. The sharp breakdown below key support levels accelerated the move towards the profit targets. The setup reflects the accuracy and power of the Risological Swing Trading Indicator in identifying high-reward, low-risk opportunities. Namaste!
Short
by ProfitsNinja
NKN/USDT TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NKN looks good here. Break out done and after a successful retest, it starts going up. Long some here and add more in the dip. Possible Entry & Targets: Entry: Current Market Price (CMP) and potentially add more up to $0.115 Potential Targets: $0.126/$0.138/$0.157 Stop-loss: $0.113 (Consider setting a stop-loss based on your risk tolerance strategy). Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested. Let's Discuss What are your thoughts on this current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
NKN ANALYSIS (1D)First of all, note that NKN's movements are full of shadows and move slowly. We have 3 big ABC waves on the chart. Wave A and B are over and now we are in the big C wave. Wave C looks like a diamond diametric, and now the price is completing the bullish wave F of this diametric. By keeping the green box, it can move towards the red box Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
NKN/USDT Lying on the strong support, Could NKN Bounce and UP?💎 NKN has recently undergone significant developments in the market. Positioned at a critical support zone, the strength of this area in sustaining NKN's downward movement is evident in historical data. 💎 There's a likelihood that NKN will bounce from this support and probability make another attempt to breach the robust resistance area. 💎 However, failure to maintain support could be concerning, indicating a breach of a crucial area. This could lead to a reversal in momentum, with the next support level situated at the demand area. 💎 NKN must bounce from the support area and reclaim the region above the support area. In the absence of positive signals, a prolonged sideways movement may result in NKN losing support, triggering a downward movement towards the formidable support area.
by MyCryptoParadise
NKN is continuing to go up in the Bullish channel NKN is continuing to go up in the Bullish channel after the rejection 🔵Entry Zone 0.1285 - 0.1345 🔴SL 0.1198 🟢TP1 0.1459 🟢TP2 0.1638 🟢TP3 0.1939 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
NKN/USDT Break key level area. Ready to continue upward move ??💎 NKN has undeniably attracted significant attention in the market. Currently, it has successfully broken through the key resistance level, entering a valid retesting phase at the support, which was previously a resistance zone. If there is a perfect bounce on the support area, it is probability that NKN will continue its upward movement towards our target supply area. 💎 NKN is reliant on the support area. If it returns to the retesting phase at the support area and fails to maintain or sustain above it, or worse, experiences a breakdown below the support level, it poses a danger. In such a scenario, NKN may revert to a bearish movement, potentially undergoing a downward trajectory toward the demand area or even retracing to the strong support zone.
by MyCryptoParadise
2