$NIL is up 17.1 percent today. I am sitting this one out
Price is sitting at 0.08677 right near the top of the daily range. Volume came in heavy at 1.4x the weekly average but the 1h RSI is cooling at 64. The evidence for continuation is not strong enough to justify the risk here
I want to see an hourly close and hold above 0.09115 before I care. Or a clean pullback that holds 0.07363 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $NIL here or waiting for 0.07363
#NIL #RiskManagement
Price is sitting at 0.08677 right near the top of the daily range. Volume came in heavy at 1.4x the weekly average but the 1h RSI is cooling at 64. The evidence for continuation is not strong enough to justify the risk here
I want to see an hourly close and hold above 0.09115 before I care. Or a clean pullback that holds 0.07363 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $NIL here or waiting for 0.07363
#NIL #RiskManagement