🔥 NIL Building Momentum: Can It Break the $0.084 – $0.090 Resistance Zone?
The hourly chart for NIL/USDT shows strong bullish momentum after bouncing from the local low near $0.0593. Price has staged an impressive recovery, climbing toward the current $0.0760 area while maintaining healthy market activity.
Volume Strength:
NIL recorded massive 24h volume of 3.59B NIL ($266.84M USDT), highlighting strong trader interest and active liquidity. Sustaining this momentum will be key for further upside.
Immediate Targets:
The first area to watch is the $0.0800 psychological level, followed by the recent $0.0845 high. A clean breakout and support flip above these zones could open the door toward the $0.0900 resistance area.
Key Support Level:
Bullish momentum remains intact as long as NIL holds above the $0.0706 – $0.0593 support range. Losing this structure may trigger short-term consolidation or pullback pressure.
The trend remains positive, but a confirmed breakout will depend on buyers maintaining strong volume as NIL approaches higher resistance zones. 🔥
