$NS has corrected deeply from the 0.02639 high, but now it is sitting near a major reaction zone.
The selloff looks aggressive, but the latest candles are starting to slow near the bottom. That is important because after a vertical decline, seller exhaustion often appears before the first real bounce.
The key support is around 0.010–0.011. If bulls defend this zone and reclaim 0.012, the chart can start a recovery toward 0.0156.
$NS is in the fear zone now. If buyers step in here, the bounce can be fast because most of the downside liquidity has already been cleared.
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