NKNUSD Bear market possibly nearing a macro bottom. 180SMA (Fat Pink Average) finally retracing averages, price still overextended from 45EMA (Weekly timeframe, gold average) If .886 does not hold, expect a retest of that .016/.017 area. NKN team announced buybacks. Speculative, possibly bearish (can the small foundation support this move financially? Crypto Foundations typically do not generate revenue)
