Nillion is showing strong short-term momentum. Current price is around $0.100, up about 21.5% in 24h and 146% over 7 days, with roughly $99M 24h volume.

📊 Technical setup
Current: ~$0.100

Immediate support: $0.095–$0.098

Major support: $0.085–$0.090

Resistance: $0.110–$0.114

Next resistance: $0.120–$0.125

Momentum: Bullish, but highly volatile

RSI was around 55, while MACD was positive in the latest technical reading. Moving averages were predominantly giving buy signals.

🔥 Key catalyst/risk
A significant 19.48M NIL token unlock is scheduled for September 24, equal to about 1.9% of total supply. That can create additional selling pressure or volatility around the unlock.

Possible scenarios
Bullish: Holding $0.095–$0.098 and breaking $0.114 could open a move toward $0.120–$0.125.

Bearish: Losing $0.095 could trigger a pullback toward $0.090, with $0.085 as the next important area.

Trading note: After a ~146% weekly surge, chasing a vertical candle carries elevated risk; waiting for a pullback/retest can reduce entry risk.

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$NIL