$NIL is trading around 0.03517, down 0.87% on the day. The daily chart still looks bearish, with the price trading below the 7, 25, and 99-day moving averages, showing that sellers remain in control.
However, the price is holding near the 0.0325–0.0350 support zone. If buyers defend this area, a short-term relief bounce could be possible.
Trade Setup
Entry: Around 0.0345–0.0355
Stop-loss: 0.0318 (below the recent swing low of 0.0325)
Resistance/Take Profit:
TP1: 0.0385
TP2: 0.0415
TP3: 0.0450
Trade Benefits ✅
Good risk-to-reward if support holds.
Clear stop-loss level helps limit downside.
A move back above the 7-day MA could attract short-term buyers.
Strong recovery above 0.041–0.045 would improve bullish momentum. #NIL #ETH MicronRevenueJumps346%To$41.5B
However, the price is holding near the 0.0325–0.0350 support zone. If buyers defend this area, a short-term relief bounce could be possible.
Trade Setup
Entry: Around 0.0345–0.0355
Stop-loss: 0.0318 (below the recent swing low of 0.0325)
Resistance/Take Profit:
TP1: 0.0385
TP2: 0.0415
TP3: 0.0450
Trade Benefits ✅
Good risk-to-reward if support holds.
Clear stop-loss level helps limit downside.
A move back above the 7-day MA could attract short-term buyers.
Strong recovery above 0.041–0.045 would improve bullish momentum. #NIL #ETH MicronRevenueJumps346%To$41.5B