š Trade Signal: $NKN /USDT | ā³ Timeframe: 15m/1H/4H
š Live Price: 0.0267 USDT.
ā” Entry Zone: 0.0265 - 0.0267 (Ideal: Near Support at 0.0260)
šÆ Profit Targets: š¹ T1: 0.0276 (+3.4%) | š¦ T2: 0.0284 (+6.4%) | š T3: 0.0287 (+7.5%)
ā Stop Loss: 0.0258 (-3.4%) | š Breakeven: Adjust to 0.0267 at T1 Hit
āļø R:R: 1:3 (Auto-adjusted to T1-T3)
š¬ Market Breakdown
š Pattern: Potential Retracement Rally after oversold bounce (RSI <30 in earlier data).
š¶ Indicators:
RSI: Rising from 15.37 (oversold) to 40.25, indicating bullish momentum šāš
MACD: DIF/DEA nearing convergence; histogram flattening (potential bullish crossover) āØ
Fib Levels: Key resistance at 0.0287 (38.2% retracement from recent swing high) š
š Catalysts: High Vol/Market Cap (101.36%) suggests volatility spike š
š” Sentiment: Mixed (retail buying due to +17% surge vs. long-term bearish structure š vs. š).
š”ļø Risk Plan
š Size: 1-2% Capital (Spot Trade, No Leverage)
š„ Max Loss: 1% of Portfolio
š Drawdown Hedge: Trail stop to 0.0270 after T1 hit.
ā ļø Note: Monitor MACD crossover confirmation and volume spikes. Exit early if price fails to hold above 0.0270. Long-term bearish fundamentals (Rank #740, -98% from ATH) limit upside potential.$NKN
