#nil $NIL @Nillion
📊 $NIL/USDC | Can Nillion’s rebound continue? 🚀
Today I’m watching the NIL/USDC chart on the 4-hour timeframe. The screenshot shows a significant rebound from 0.07290 USDC to the 0.08711 area, accompanied by an increase in buying volume.
🔹 Key resistance: 0.09014 USDC. If the price breaks through this area with strength, it could target 0.09500.
🔹 Supports to watch: 0.08095 and 0.07589 USDC. Holding these levels would be important to maintain the recovery momentum.
🔹 What are the indicators telling us? Volume is increasing, and the StochRSI is showing buying strength. However, after a rapid rise, $profit-taking may also occur.
📌 My opinion: NIL is showing an interesting recovery, but I’d wait for confirmation of a breakout before assuming it will continue rising. In Spot trading, patience and risk management are essential.
⚠️ This analysis is for educational purposes and does not constitute a recommendation to buy or sell. The market can change quickly.
Do you think NIL will manage to break through 0.09014 USDC, or will we see a pullback before it continues?
📊 $NIL/USDC | Can Nillion’s rebound continue? 🚀
Today I’m watching the NIL/USDC chart on the 4-hour timeframe. The screenshot shows a significant rebound from 0.07290 USDC to the 0.08711 area, accompanied by an increase in buying volume.
🔹 Key resistance: 0.09014 USDC. If the price breaks through this area with strength, it could target 0.09500.
🔹 Supports to watch: 0.08095 and 0.07589 USDC. Holding these levels would be important to maintain the recovery momentum.
🔹 What are the indicators telling us? Volume is increasing, and the StochRSI is showing buying strength. However, after a rapid rise, $profit-taking may also occur.
📌 My opinion: NIL is showing an interesting recovery, but I’d wait for confirmation of a breakout before assuming it will continue rising. In Spot trading, patience and risk management are essential.
⚠️ This analysis is for educational purposes and does not constitute a recommendation to buy or sell. The market can change quickly.
Do you think NIL will manage to break through 0.09014 USDC, or will we see a pullback before it continues?
