$NIL (Nillion) is showing strong short-term momentum, with increased trading activity and buying interest supporting its recent price move. The key support zone to watch is around $0.12–$0.125, while a sustained breakout above $0.143–$0.145 could open the possibility of further movement toward $0.16–$0.18. However, after a rapid rally, a pullback toward $0.10–$0.12 remains possible. Traders should closely monitor volume, market sentiment, and upcoming Nillion developments, including its planned Encrypted Covenants mainnet launch. Overall, NIL’s short-term outlook remains volatile, with both upside and correction scenarios possible.
DYOR.
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