$NIL jumps 23.8% in 24 hours... but volume declines 22%—are we facing a liquidity trap or the start of a real wave?
Price is $0.089 and volume ratio is 0.78, confirming weak conviction behind the current rally. The RSI on the 15-minute timeframe is nearing oversold/overbought (near overbought) zones with slight price divergence. Liquidity is concentrated below $0.085, making it a magnet for a pullback.
Most likely scenario: a healthy correction toward $0.085–$0.083 to retest support and refresh buyers’ momentum before any extension toward $0.095.
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$NIL
This content is not investment advice; do your own research (DYOR)
Price is $0.089 and volume ratio is 0.78, confirming weak conviction behind the current rally. The RSI on the 15-minute timeframe is nearing oversold/overbought (near overbought) zones with slight price divergence. Liquidity is concentrated below $0.085, making it a magnet for a pullback.
Most likely scenario: a healthy correction toward $0.085–$0.083 to retest support and refresh buyers’ momentum before any extension toward $0.095.
Follow to get more
$NIL
This content is not investment advice; do your own research (DYOR)
