$NIL +15% in 24h. Is it just me or does this look like exhaustion at the top? ๐
Price ran 19% in 25 hours and suddenly everyone's talking about it. I'm not chasing this move.
It pushed above 0.08726 for a moment, got sold hard from 0.08976 and NIL is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.08009. That's $NIL where the last dip bottomed (it retraced 60% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.08976 though, I'm wrong.
๐ My NIL trade: short from 0.08928, stop at 0.09388, target 0.08009 (+10.3%, 1:2)
๐ 24h Vol: $21.0M | 24h Chg: +15.5% | Funding: -0.0059%
Am I wrong? Tell me why below ๐
Follow for daily chart breakdowns ๐
Not financial advice. Manage your risk.
#NIL #Crypto #Trade
Price ran 19% in 25 hours and suddenly everyone's talking about it. I'm not chasing this move.
It pushed above 0.08726 for a moment, got sold hard from 0.08976 and NIL is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 0.08009. That's $NIL where the last dip bottomed (it retraced 60% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.08976 though, I'm wrong.
๐ My NIL trade: short from 0.08928, stop at 0.09388, target 0.08009 (+10.3%, 1:2)
๐ 24h Vol: $21.0M | 24h Chg: +15.5% | Funding: -0.0059%
Am I wrong? Tell me why below ๐
Follow for daily chart breakdowns ๐
Not financial advice. Manage your risk.
#NIL #Crypto #Trade