$NIL is showing a strong recovery on the 4H chart, bouncing from around 0.07300 to 0.08800 before pulling back... đ
Price is now near 0.08565, with buyers trying to hold the recent gains.
SUPPORT sits around 0.08069 â losing this area could weaken the recovery.
The next key SUPPORT is near 0.07516, where price previously reacted.
Look at the RESISTANCE around 0.08622... price is struggling to push clearly above it.
A BREAKOUT above 0.08622 could open the way toward 0.09175 đ
But another REJECTION could send price back toward 0.08069 đ
RSI(6) is around 60.86, showing positive momentum, though it has started easing.
Now watch for a break above 0.08622 or a drop below 0.08069... either move could signal the next direction.
Follow for more chart analysis đ
Price is now near 0.08565, with buyers trying to hold the recent gains.
SUPPORT sits around 0.08069 â losing this area could weaken the recovery.
The next key SUPPORT is near 0.07516, where price previously reacted.
Look at the RESISTANCE around 0.08622... price is struggling to push clearly above it.
A BREAKOUT above 0.08622 could open the way toward 0.09175 đ
But another REJECTION could send price back toward 0.08069 đ
RSI(6) is around 60.86, showing positive momentum, though it has started easing.
Now watch for a break above 0.08622 or a drop below 0.08069... either move could signal the next direction.
Follow for more chart analysis đ
