NKN’s Potential 7000% Surge: Can It Reach $4?**
#NKNUSDT #BinanceSquareFamily #MarketSentimentToday
NKN, currently priced at $0.07, has experienced a 95% correction since early 2021. However, several factors now indicate a strong potential for a bullish surge. These include price action and RSI resistance breakouts, support on past resistance, and a bullish divergence observed across multiple oscillators.
The chart shows a confirmed Bull Flag pattern, signalling a possible repeat of the 2021 impulsive move. If history repeats, NKN could see a surge to the $4 mark, representing a 7000% return.
Advice :
While a further price correction from 95% is possible, the probability remains low. Traders should consider long positions, keeping a close eye on market signals.
Conclusion :
NKN shows promising signs of a major breakout, with indicators supporting a strong upward move. However, caution is advised, as market volatility may still impact short-term movements.
