Keeping this one very straightforward for you.

After a strong sell-off, $NIL is still trading under heavy pressure and the structure remains bearish. Price is consolidating near the lows, but there’s no solid reversal signal yet — the pauses look like continuation rather than a base. As long as price stays below the recent breakdown zone, sellers remain in control.

Entry:

0.0635 – 0.0650

Stop Loss:

0.0680

TP1:

0.0615

TP2:

0.0590

TP3:

0.0560

Quick downside continuation setup — keep risk tight and don’t overexpose.

NILUSDT

Perp

0.05396

+6.64%