📉 $NIL BEARISH ALERT: DOWNSIDE IS COMING 📉
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$NIL is showing clear weakness after failing to recover from its deep correction. Each bounce is getting sold faster, volume is fading, and buyers are losing control. This structure usually signals continuation to the downside, not a reversal.
Technically, NIL remains below key resistance zones, and sentiment around low-cap utility tokens is fragile. If support breaks, panic selling can accelerate quickly. What looks like “cheap” often becomes cheaper in bearish phases.
This move feels unfinished. Risk is high, patience is thin, and $NIL still looks vulnerable to another leg down.