$NIL Pumping! 💎 Is the Ethereum Migration Leg Starting?
Nillion (
$NIL ) is officially catching fire today, surging over +22% as it breaks through key local resistance! While much of the market is focused on L1/L2 rotations, the "Blind Computing" narrative is silently gaining massive traction.
Why is NIL Moving?
Ethereum Bridge Launch: The team’s strategic migration to the Ethereum mainnet is officially underway this month, opening
$NIL to a massive new pool of DeFi liquidity.
Buyback Program active: The Nillion Association has been utilizing treasury funds to stabilize the market and absorb sell pressure following previous unauthorized liquidations.
Blacklight Staking: The recent launch of the Blacklight verification layer allows users to stake 70,000
$NIL , effectively locking up supply for node operation.
The Chart:
Looking at the 15m timeframe, we just saw a "Golden Cross" with the MA(7) (Yellow) and MA(25) (Pink) surging above the MA(99) (Purple). Volume is peaking at $7.5M, showing real buyer conviction.
Key Levels to Watch:
🔥 Resistance: $0.0668 (Today’s High)
🛡️ Support: $0.0508 (MA7) & $0.0473 (MA99 floor)
The Ethereum migration is the ultimate catalyst for February 2026. Are you holding for the move to $0.10? 🚀
#Nillion #NIL #PrivacyComputing #DePIN #EthereumMigration
#Write2Earn! 📊 Technical Analysis of Your Image
Strong Breakout: Your chart for NIL/USDT shows a sharp vertical move from the $0.048 support zone to a peak near $0.066.
Trend Alignment: The price is currently trading well above the MA(99) (Purple line at $0.0473), which indicates the long-term trend has flipped from bearish to bullish.
Consolidation Phase: After the initial pump to $0.066, the price is currently forming a "bull flag" near $0.057. This is a healthy sign that the market is absorbing the gains before the next potential leg up.
Volume Spike: You can see the volume bars at the bottom showing a massive red and green cluster during the breakout, confirming that institutional or "whale" activity is likely involved.