NKNUSDT Big Buy opportunity
NKNUSDT is exhibiting a falling wedge formation, with price recently rebounding sharply from the $0.0472 demand zone, indicating a potential completion of the corrective structure. This level aligns with a key liquidity zone, reinforcing its significance as a possible reversal point. The immediate resistance at $0.10 serves as the breakout threshold, and a confirmed bullish breakout above this level would validate the wedge pattern, signaling a shift in market structure toward a trend reversal.
If this scenario plays out, we anticipate a measured move towards key supply zones, aligning with Fibonacci retracement levels for profit-taking opportunities. Failure to hold the current structure could lead to further accumulation within the broader consolidation range.
Watch price action closely as volatility is expected.
If this scenario plays out, we anticipate a measured move towards key supply zones, aligning with Fibonacci retracement levels for profit-taking opportunities. Failure to hold the current structure could lead to further accumulation within the broader consolidation range.
Watch price action closely as volatility is expected.
Trade active
The setup still holding firmly as expected with price approaching demand zone
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.