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.

Trade closed: target reached:

#NKN’s 43.88% rise? Called it!