$NIL or $TIA for the next leg? Only one.
$NIL just printed $0.0637, up 28.67% in 24h with $11.96M volume. That is not a sleepy move. 🚀
Volume is running 7.3x its 20d average, while price sits above the 20d and 50d MAs. Bullish stack.
But 4h RSI is 77 and longs are paying 0.005% funding.
Too hot?
At $0.0637, I would not chase this candle. I want to see it hold that level on a retest before giving it the same respect as $BNB’s cleaner trend setups. NIL is only 15% off its 30d high, so the upside case is obvious, but late longs can still get trapped. 👀
Would you take $NIL over $TIA here, or wait for a retest? 🔥
#NIL #Altcoin #Trading
$NIL just printed $0.0637, up 28.67% in 24h with $11.96M volume. That is not a sleepy move. 🚀
Volume is running 7.3x its 20d average, while price sits above the 20d and 50d MAs. Bullish stack.
But 4h RSI is 77 and longs are paying 0.005% funding.
Too hot?
At $0.0637, I would not chase this candle. I want to see it hold that level on a retest before giving it the same respect as $BNB’s cleaner trend setups. NIL is only 15% off its 30d high, so the upside case is obvious, but late longs can still get trapped. 👀
Would you take $NIL over $TIA here, or wait for a retest? 🔥
#NIL #Altcoin #Trading