NKNUSDT on the 1-hour timeframe exhibited a strong bearish momentum, achieving 125% profit at 5x leverage. The short trade setup, captured using the Risological Swing Trading Indicator, has successfully hit TP1 to TP3, with TP4 likely to be achieved shortly.
Key Levels:
TP1: 0.12615 ✅
TP2: 0.11428 ✅
TP3: 0.10241 ✅
TP4: 0.09508 🔄
Technical Analysis:
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Key Levels:
TP1: 0.12615 ✅
TP2: 0.11428 ✅
TP3: 0.10241 ✅
TP4: 0.09508 🔄
Technical Analysis:
- The trade commenced at 0.13348 with a stop-loss set at 0.13942, ensuring effective risk management.
- The price has consistently moved below the Risological trend line, affirming the downtrend.
- The sharp breakdown below key support levels accelerated the move towards the profit targets. The setup reflects the accuracy and power of the Risological Swing Trading Indicator in identifying high-reward, low-risk opportunities.
Namaste!
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