NIL/USDT - Bullish Momentum Building
NIL is demonstrating strong upward momentum, trading at 0.0658 with a solid +16.87% gain. Price is positioned above key moving averages (MA(7) at 0.0646), confirming a bullish structure. The immediate target is the 24h high at 0.0670, with the next resistance near 0.0677. Strong support is established at 0.0618.
Trade Setup:
· Entry: 0.0645 - 0.0655
· Stop Loss: 0.0615
· Take Profit 1: 0.0670
· Take Profit 2: 0.0677
The breakout above the moving averages suggests continued strength. Manage risk with a tight stop and consider taking partial profits near the first target.
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NILUSDT
Prep
0.06501
+0.34%