$NIL Technical Brief 📈 | Rounding Bottom COMPLETE?
⚡ Textbook Accumulation Complete on NIL/USDT
After a massive corrective phase, $NIL is showing definitive signs of trend reversal.
✅ Rounding Bottom Pattern: The Daily (1D) chart confirms a completed Rounding Bottom pattern, signalling the end of a deep accumulation phase.
✅ RSI Divergence: Powerful Hidden Bullish Divergence on the 4H RSI indicates the downtrend is exhausted.
✅ Critical Moving Average Cross: The 7-Day MA has bullishly crossed above the 99-Day MA, a powerful confirmation of shifting momentum.
✅ Major Support Base: Strong accumulation floor established between $0.055 and $0.059.
The technical view points to an imminent breakout. Prepare for trend continuation.
#NIL #NILUSDT #Nillion #CryptoAnalysis #BinanceSquare
⚡ Textbook Accumulation Complete on NIL/USDT
After a massive corrective phase, $NIL is showing definitive signs of trend reversal.
✅ Rounding Bottom Pattern: The Daily (1D) chart confirms a completed Rounding Bottom pattern, signalling the end of a deep accumulation phase.
✅ RSI Divergence: Powerful Hidden Bullish Divergence on the 4H RSI indicates the downtrend is exhausted.
✅ Critical Moving Average Cross: The 7-Day MA has bullishly crossed above the 99-Day MA, a powerful confirmation of shifting momentum.
✅ Major Support Base: Strong accumulation floor established between $0.055 and $0.059.
The technical view points to an imminent breakout. Prepare for trend continuation.
#NIL #NILUSDT #Nillion #CryptoAnalysis #BinanceSquare
