A more pessimistic scenario is still on the table for NKN on the weekly chart. 🧐 Based on our current technical analysis, the latest dip may only represent the first leg of a 3-drive pattern, meaning the chart could retest deeper support levels before offering any reliable Signals for major entries. 📉
If this structure plays out, waiting for lower zones to be tested can help traders spot cleaner setups and stronger confirmations. Patience is key, especially when the broader trend still leans bearish. 🔍
