$NIL has experienced a strong rally, reaching a 24H high of $0.1143. Now the price is showing a sharp rejection from the highs, with sellers pushing it down toward $0.0900.
After such a strong upward move, further downside is possible if selling pressure continues. Watch the $0.0850 support zone closely.
SHORT TRADE SETUP
Pair: NIL
Entry: $0.0900–$0.0930
TP1: $0.0850
TP2: $0.0800
TP3: $0.0750
TP4: $0.0700
Stop Loss: $0.1000
A confirmed breakdown below $0.0850 could open the way toward lower targets. If price reclaims resistance, the short setup may become invalid.
Trade with proper risk management and avoid chasing the move blindly.
DYOR.
After such a strong upward move, further downside is possible if selling pressure continues. Watch the $0.0850 support zone closely.
SHORT TRADE SETUP
Pair: NIL
Entry: $0.0900–$0.0930
TP1: $0.0850
TP2: $0.0800
TP3: $0.0750
TP4: $0.0700
Stop Loss: $0.1000
A confirmed breakdown below $0.0850 could open the way toward lower targets. If price reclaims resistance, the short setup may become invalid.
Trade with proper risk management and avoid chasing the move blindly.
DYOR.
