$NIL is testing a key breakout zone
$NIL has bounced strongly from the $0.045 area and reclaimed $0.050 with solid 1H momentum. The next major hurdle is $0.0520; a clean breakout above it could extend the move toward the higher resistance zones.
Entry: $0.0490–$0.0502
TP1: $0.0520
TP2: $0.0540
TP3: $0.0570
SL: $0.0470
Watch the $0.0520 breakout closely and avoid chasing a sudden spike.
$NIL has bounced strongly from the $0.045 area and reclaimed $0.050 with solid 1H momentum. The next major hurdle is $0.0520; a clean breakout above it could extend the move toward the higher resistance zones.
Entry: $0.0490–$0.0502
TP1: $0.0520
TP2: $0.0540
TP3: $0.0570
SL: $0.0470
Watch the $0.0520 breakout closely and avoid chasing a sudden spike.