🔴 NIL — BEARISH MOMENTUM BUILDING

$NIL has faced strong rejection from the $0.06416 area and is now trading near $0.0555, with short-term structure remaining bearish.

📉 Potential Short Zone: $0.06132–$0.06194
🛑 Invalidation / SL: $0.06417
🎯 Targets: $0.04926 → $0.04911 → $0.04421

The setup favors sellers if price retests the entry zone and gets rejected. Avoid chasing the move at current levels; confirmation and disciplined risk management are key.


⚠️ Educational setup only — not financial advice. DYOR and manage risk carefully.