$NIL 4H long setup Cup and Handle breakout
I'm going long with 20x because NIL formed a perfect Rounded Bottom / Cup & Handle on 4H after a deep correction from 0.148 high. Price bottomed around 0.077-0.082 and consolidated for days building a base.
Today we got a high volume breakout +26.71% This confirms buyers are back. The red curve shows accumulation is complete.
Current move is a breakout of the handle at 0.103 resistance. Retest holding above this level = continuation.
My Plan:
Entry: 0.1030 - 0.1080
Best is to wait for 15m retest of 0.104-0.105
Stop Loss: 0.0880
Below the cup structure and below today's 24h low (0.08437). If 0.088 breaks, setup invalidates. ∼18% drop from entry.
Targets:
TP1: 0.1200 (+12%) - Previous breakdown point
TP2: 0.1400 (+32%) - Local high retest
TP3: 0.1550 (+45%) - Previous ATH sweep
RR is 1 : 2.5+ even with tight SL.
Risk Note:* 20x is high leverage - a 4.5% move against you = -90%. Use isolated and tight SL. I will secure profit at TP1 and move to breakeven.
Not financial advice. DYOR.
Trade here 👉🏻 $NIL
I'm going long with 20x because NIL formed a perfect Rounded Bottom / Cup & Handle on 4H after a deep correction from 0.148 high. Price bottomed around 0.077-0.082 and consolidated for days building a base.
Today we got a high volume breakout +26.71% This confirms buyers are back. The red curve shows accumulation is complete.
Current move is a breakout of the handle at 0.103 resistance. Retest holding above this level = continuation.
My Plan:
Entry: 0.1030 - 0.1080
Best is to wait for 15m retest of 0.104-0.105
Stop Loss: 0.0880
Below the cup structure and below today's 24h low (0.08437). If 0.088 breaks, setup invalidates. ∼18% drop from entry.
Targets:
TP1: 0.1200 (+12%) - Previous breakdown point
TP2: 0.1400 (+32%) - Local high retest
TP3: 0.1550 (+45%) - Previous ATH sweep
RR is 1 : 2.5+ even with tight SL.
Risk Note:* 20x is high leverage - a 4.5% move against you = -90%. Use isolated and tight SL. I will secure profit at TP1 and move to breakeven.
Not financial advice. DYOR.
Trade here 👉🏻 $NIL


