NKN Breaks Out of Downward Channel, Ready for Major Surge

After months of being suppressed within a downward channel, NKN finally pulls out its sword. The downward trend, which had been pressing from May, has finally broken with a clean move upwards, and now the price is gearing up for an attack on the main target. The descending channel's ceiling has been broken. Now it is consolidating right above the previous resistance line. Relative trading volume is also increasing. The price target is set at 0.0892, which is nearly three times the current price. Recommended stop loss: below the range of 0.0207. Time frame: 4-hour. Pattern: Breakout from the descending channel + consolidation phase. Entry condition: confirmation candle and stabilization above the broken range. Remember to manage risk like a samurai — avoid high leverage and large volumes. Use only 2% of your capital and steer clear of leverage above 10. If you are a risk-seeker looking for profitable opportunities, this could be a good practice ground. But only enter after candle confirmation, not driven by emotions. https://t.me/Arrad_academy