I’m seeing $NIL slow down after a long sell-off and a clear liquidity sweep near the lows. The drop to 0.0658 shook out weak longs, and now price is trying to steady. This feels like sellers are tired, not pushing harder.
Market read:
Price has been falling, but momentum is fading near demand. Candles are smaller and overlapping, showing selling pressure is weakening. Buyers are quietly stepping in here. If price stays above the recent low, a bounce is possible.
Entry: 0.0659 – 0.0666
Targets: 0.0682 / 0.0704 / 0.0730
Stop Loss: Below 0.0650
Liquidity was taken below recent low, late sellers came in late, and stronger buyers started absorbing supply. The market shifted from strong selling to balance. If this base holds, price usually tries to bounce back.
I’m watching for this to turn into a relief move.
Let’s go trade $NIL !
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