$NIL Perpetual – Market Overview and Trade Outlook

NILUSDT is showing signs of controlled retracement rather than aggressive selling. The current decline appears technically healthy after a prior expansion, with price still respecting higher-timeframe structure.

Immediate support is found near 0.0600, a level that previously acted as both resistance and support. Below that, a stronger demand zone exists around 0.0550. Resistance is visible at 0.0680, followed by a more significant barrier near 0.0750.

Trade planning favors patience. Long opportunities improve if NILUSDT holds above 0.0600 and reclaims 0.0680, targeting a move toward 0.0720 and beyond. Shorts should be cautious unless price decisively breaks below 0.0600 with increased volume.

A key professional insight for NILUSDT is to monitor consolidation duration. Longer sideways movement after a drop often strengthens the next directional move, making breakout trades more reliable.