$NIL Update: Bullish Continuation or Local Top?
($NIL) is showing strong bullish momentum on the 1-hour chart, currently trading at 0.03516 with a +7.36% gain. The SuperTrend (10,3) is firmly green with support moving up to 0.03272, while the RSI(6) is at 76.15, indicating the asset is entering overbought territory but still maintaining upward strength.
🎯 Trade Setup
EP (Entry): 0.03350 – 0.03510
TP (Targets)
TP1: 0.03523 (24h High)
TP2: 0.03680
TP3: 0.03900
SL (Stop Loss): 0.03180
The price is currently testing the 24h high resistance at 0.03523 after a consistent series of higher lows. While the trend is strongly bullish, traders should watch for a potential minor pullback to the 0.0327 support zone to cool off the RSI before the next major leg up.
Do you think ($NIL) can flip 0.0355 into support today, or are we set for a weekend retracement?
Watching this level closely.
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