$NKN – Strong bullish recovery after deep correction, and I’m seeing momentum rebuild.

I’m watching how price reacted from 0.0083 demand after the selloff from 0.0146. That drop flushed weak hands. Since then, buyers stepped in aggressively and pushed price back above 0.0107. That’s a shift in short-term control.

The structure now shows higher lows forming on the 1H. Momentum is returning, and volume expansion on green candles tells me buyers are not passive.

Market Read
I’m seeing a classic impulse → correction → recovery structure. The key level for me is 0.0120–0.0122. If price holds above 0.0107 and breaks 0.0125 with strength, continuation toward prior liquidity becomes likely.

Entry Point
I’m entering between 0.0110 – 0.0114 on minor pullbacks with confirmation above 0.0125.

Target Points
TP1: 0.0130 – mid resistance level
TP2: 0.0146 – previous high liquidity
TP3: 0.0162 – measured breakout extension

Stop Loss
0.0099 – below higher low structure and recovery base

How it’s possible
The market already completed a full correction from 0.0146 to 0.0083. That’s a strong reset. When price reclaims 0.0125, it signals buyers regained control. Shorts trapped from lower entries begin covering. Break above 0.0146 unlocks breakout traders and momentum flow toward extension targets.

Risk is clearly defined below structure. Reward sits at liquidity zones above.

I’m trading the recovery shift, not the noise.

Let’s go and Trade now $NKN