$NIL is showing strong intraday activity, currently trading around 0.0762 USDT, with a +5% move in the last 24 hours. After tapping the 0.0755 support, price has reacted well, forming a short-term base.
On the 1H timeframe, sellers are losing momentum and we’re seeing stabilization candles after a pullback, suggesting a potential relief bounce or continuation attempt if volume steps in.
Market Structure Insight
Support Zone: 0.0750 – 0.0755
Immediate Resistance: 0.0790 – 0.0815
Trend is still range-bound, but momentum is rebuilding from demand.
Trade Setup (Short-Term)
Entry Zone:
0.0758 – 0.0765
Target 1 : 0.0790 (near intraday resistance)
Target 2
0.0815 (previous high / rejection zone)
Target 3 :
0.0850 (only if breakout + volume confirmation)
Stop Loss:
0.0748 (below key support & invalidation level)
Scenario to Watch
If 0.079–0.080 is reclaimed with strong volume, NIL can attempt a trend continuation move, opening the door toward 0.0815+ and possibly a short squeeze.
If volume stays weak, expect range play between 0.075 – 0.079.
Risk Management Reminder:
Scale out at targets, protect capital, and don’t chase green candles. Momentum favors patience here.
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