$NIL /USDT Technical Analysis đ
NIL is showing strong momentum after a powerful breakout, but the 15-minute chart suggests the move is cooling off. Price is around $0.1005, while the recent high sits at $0.1144. The key short-term hurdle is the $0.107â$0.114 zone; a clean breakout above $0.1144 could open the door for another momentum leg.
However, price is currently below the MA(7) at $0.1048 and MA(25) at $0.1024, while RSI(6) has dropped to 36.8, showing that buyers have temporarily lost momentum. The $0.100 area is the immediate level to watch, followed by $0.090â$0.086. MA(99) at $0.0866 keeps the broader short-term structure constructive.
$NIL is cooling, not collapsing. The next reaction around $0.100 could decide the next move. đ„
#NIL #Nillion #crypto
NIL is showing strong momentum after a powerful breakout, but the 15-minute chart suggests the move is cooling off. Price is around $0.1005, while the recent high sits at $0.1144. The key short-term hurdle is the $0.107â$0.114 zone; a clean breakout above $0.1144 could open the door for another momentum leg.
However, price is currently below the MA(7) at $0.1048 and MA(25) at $0.1024, while RSI(6) has dropped to 36.8, showing that buyers have temporarily lost momentum. The $0.100 area is the immediate level to watch, followed by $0.090â$0.086. MA(99) at $0.0866 keeps the broader short-term structure constructive.
$NIL is cooling, not collapsing. The next reaction around $0.100 could decide the next move. đ„
#NIL #Nillion #crypto
