$NIL 24h surged 50.81%, current price is 0.12115, and the high is 0.1215—it's basically trading right along the high.
The key signal isn’t in the percentage gain itself, but in the trading value—294.3M. With this kind of volume, paired with the move that lifted the price from 0.08002 all the way to 0.1215, it shows this isn’t a fake move created by just a few hand-pulls. There really is someone continuously accumulating orders in the 0.10–0.12 range. The batch of shares from the low point at 0.08002 is now in profit of over 50%, but there’s no clear evidence of selling pressure being released on the order book—this in itself says a lot.
My view is that the bullish structure hasn’t finished yet. As long as the 0.1215 level isn’t a volume-spiking false breakout, after it holds, there’s likely still another leg. A lot of people see it’s up 50% and their first reaction is, “Too high—wait for a pullback.” But what often happens is they end up waiting until it reaches 0.15 before chasing. The bullish direction is clear: as long as the pullback doesn’t break 0.10, it’s still following the bullish rhythm.
If you’re still willing to look at it after it’s already risen this much, you’d better have it figured out in your own mind.😐
The key signal isn’t in the percentage gain itself, but in the trading value—294.3M. With this kind of volume, paired with the move that lifted the price from 0.08002 all the way to 0.1215, it shows this isn’t a fake move created by just a few hand-pulls. There really is someone continuously accumulating orders in the 0.10–0.12 range. The batch of shares from the low point at 0.08002 is now in profit of over 50%, but there’s no clear evidence of selling pressure being released on the order book—this in itself says a lot.
My view is that the bullish structure hasn’t finished yet. As long as the 0.1215 level isn’t a volume-spiking false breakout, after it holds, there’s likely still another leg. A lot of people see it’s up 50% and their first reaction is, “Too high—wait for a pullback.” But what often happens is they end up waiting until it reaches 0.15 before chasing. The bullish direction is clear: as long as the pullback doesn’t break 0.10, it’s still following the bullish rhythm.
If you’re still willing to look at it after it’s already risen this much, you’d better have it figured out in your own mind.😐