Looking at the $NIL /USDT chart, the price is up by 11.42%, sitting at 0.0751 after bouncing from 0.0667. It's currently near the 24h high of 0.0790, so it might face some resistance around that level.
Entry Points:
If you're looking to get in, entering around 0.0751 could work, especially if you’re comfortable with the momentum. If the price pulls back to around 0.0730 (where the moving averages are converging), that could be a better entry point for a safer bet.
Stop Loss:
Set a stop loss just below 0.0700 to protect against a deeper pullback if the price falls back to recent support.
Take-Profit Levels:
1. The first target could be around 0.0790, the recent high, where resistance might come into play.
2. If it breaks through that, the next target could be around 0.0812, a previous high and key resistance level.
3. If the momentum stays strong, aiming for a higher level near 0.0826 might be worth considering.
Should You Buy?
If you're feeling good about the trend, buying around 0.0751 could work, but keep an eye on the 0.0790 resistance. If it breaks through, there’s more room to the upside. If you’re cautious, waiting for a pullback to around 0.0730 would be a safer entry.
