$NIL facing local resistance around 0.0508–0.0510 zone. Multiple wick rejections show sellers defending that level.

Bias: Rejection / Short-term bearish

Entry: 0.0502 – 0.0505

SL: 0.0511

Targets:

TP1: 0.0495

TP2: 0.0489

TP3: 0.0482

If price breaks and closes above 0.0511 with volume, bearish setup gets invalidated and trend can flip bullish.