$NIL is stabilizing after the strong recovery from the 0.0624 reaction low and I am watching this area closely because buyers stepped in aggressively at that base. The 1h candles are forming a tight consolidation with higher lows which shows momentum trying to rebuild after the sharp selloff. Selling pressure has clearly reduced and price is holding above the key structure.
Here is my full setup from this chart.
Entry Point
0.0710 – 0.0685
Target Point
TP1: 0.0725
TP2: 0.0740
TP3: 0.0760
Stop Loss
0.0665
It is possible because every dip near the 0.0685 zone is getting absorbed quickly and buyers are defending this range with confidence. If $NIL stays above the support area the move toward 0.0725 becomes the natural first step before momentum attempts further upside continuation.
#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade
NIL
0.07
+4.01%