$NIL Current Price & Market Snapshot
• NIL price today: around $0.07–$0.08 with mixed short-term moves (prices vary slightly by source). 
• Market cap: roughly $20–$25M. 
• 24h performance: showing volatility with some short-term gains but still below key long-term levels. 
📉 Recent Price Behavior
• NIL has fallen significantly from its early 2025 launch highs (~$0.95) and remains down heavily year-to-date. 
• Broader trend shows technical breakdown below key support levels, suggesting sellers still control momentum. 
• Liquidity remains relatively low, meaning price swings can be sharp with small volume changes. 
Key Drivers & Technical Notes
Bullish/Recovery Factors
• Project initiated a buyback program to stabilize price after unauthorized sell-offs. 
• Some technical indicators (e.g., MACD, short-term momentum) show minor recovery signals off oversold levels. 
• Nillion is working on Ethereum bridging & ecosystem expansion, which could increase utility longer-term. 
Bearish/Downside Risks
• Still down roughly 90%+ from launch valuations, a sign of weak market confidence. 
• Sector-wide 2025 token sell-off contributes to ongoing pressure on newly listed crypto assets. 
• Technical breakdown under important Fibonacci retracements suggests trend remains bearish until confirmed reversal. 
Short Summary
Short-term: Volatile, potential bounce zones exist, but risk remains high.
Medium-term: Needs strong catalyst (e.g., ecosystem adoption, liquidity improvement, major exchange interest) to shift trend.
Watch Levels: Psychological support near current lows; resistance around recent highs above ~$0.08–$0.09.
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