NIL jumped to 114.5—that’s the top of this wave. Over 4 hours it’s still rising; over 1 hour the structure has already flipped bearish. The price has a dead cross with the moving averages—down nearly 10%. The more it rallies, the more brittle the drop will be. Enter short at 0.0910; first target at 0.0850. If it breaks down, further sell-off to 0.0770. Stop loss at 0.1050, outside the structure. The dog-and-fee institution is playing games with itself—when it overdoes it, no one will be there to take the bag. #NIL