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$NIL / USDT Long Trade Setup ๐ฅ
Nillion (
$NIL ) is showing massive bullish momentum on the 1-hour chart, breaking out out of its long-term accumulation range with huge volume. Price is up nearly 28% today!
Since the price is pumping hard, it is wiser to wait for a healthy pullback or retest before chasing the green candle.
Here is the setup to watch for a safe entry:
๐ข Entry Zone: 0.04100 โ 0.04350 (Looking for a retest of the breakout level)
๐ Target 1: 0.04750 (Recent 24h High Zone)
๐ Target 2: 0.05200 (Psychological Resistance)
๐ฅ Target 3: 0.05800+ (Next Major Daily Resistance)
๐ Stop Loss (SL): 0.03850 (Below the breakout origin)
โก Leverage: 2x - 3x Max (High momentum means high risk, manage your risk well)
๐ก๏ธ Risk Management: Do not FOMO buy at the very top. Only risk 1% of your total capital.
Will NIL continue its bullish run towards $0.050+, or are we going to see a rejection here? Share your thoughts below! ๐
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