After a sharp recovery from the lower support near $0.018, the price is now attempting to reclaim the $0.022 level, a key zone for momentum confirmation.

A breakout and daily close above the descending trendline could drive NKN toward $0.0319, followed by an extended target near $0.0471.

👉 If the structure holds above $0.020–$0.021, bullish continuation remains likely as the market shifts from consolidation to potential expansion.

The price has already tested the lower boundary near $0.13 and rebounded sharply, suggesting potential exhaustion of selling pressure.

If price continues to hold above this zone, a breakout above the wedge resistance and $0.1720 could trigger a strong rally toward $0.2354, followed by $0.4604 as the next major target.

The falling wedge breakout could confirm a trend reversal, with long-term potential extending toward $0.92 once momentum builds above the mid-range structure.