$NKN has been repeatedly testing a long-term descending trendline, signaling persistent bullish pressure. Despite multiple rejections, price is consolidating just beneath the resistance, showing buyers are stepping in around key demand zones.


If NKN manages a clean breakout above the trendline with volume confirmation, it could unlock a strong upside move toward the next resistance zone. Until then, price remains squeezed between resistance and strong support.


One to watch closely — a breakout here could shift momentum fast.


DYOR, NFA

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May 05, 2025 at 7:10 AM
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