$NIL Price faced strong rejection from the 0.0780 resistance and sellers took control aggressively.
Support broke below the short-term moving averages, confirming bearish momentum shift.
Demand failed to hold and price is consolidating near the recent low zone.
Structure is bearish with lower highs and lower lows, suggesting continuation downside.
Trade Setup: Short
Entry Zone: 0.06750 – 0.06850
Target 1: 0.06680
Target 2: 0.06600
Target 3: 0.06480
Target 4: 0.06350
Stop Loss: 0.06950
Manage position size carefully and trail stop after TP1. Do your own research before taking any trade.
NILUSDT
Perp
0.07025
+3.08%