I see a NIL/USDT (Binance) 1-hour chart with a strong breakout. Here’s a clear technical read based on what’s visible in the image
Current Situation
Price: ~0.0661
24h Change: +13.7%
Trend: Strong short-term bullish
Volume: Big spike → confirms breakout strength
Technical Analysis
Moving Averages
MA(7): 0.0619
MA(25): 0.0577
MA(99): 0.0586
Fast MA > slow MAs = bullish alignment
Price is well above all key MAs, showing momentum but also short-term overextension.
Structure & Levels
Recent Low: 0.0537 (strong base)
Breakout Zone: ~0.0585–0.0600 (now support)
Immediate Resistance:
0.0668 (local high shown)
Next: 0.0700 – 0.0720 (psychological & extension)
Key Supports:
0.0640
0.0615
Stronger support: 0.0585
What This Means
Bullish scenario
If price holds above 0.064, continuation toward 0.070+ is likely.
Volume expansion supports further upside.
Pullback scenario
After such a sharp move, a healthy retrace to 0.061–0.062 is possible.
Losing 0.0585 would weaken the structure short-term.
Trade Style Guidance (not financial advice)
Short-term traders: Watch for consolidation above 0.064
Safer entry: Pullback near 0.061–0.062 with volume support
Risk: Chasing at highs without confirmation
If you want, tell me:
Are you holding, planning to buy, or scalping?
Timeframe you trade (15m / 1h / swing)?
I can tailor levels exactly to your strategy.
#USNonFarmPayrollReport #WriteToEarnUpgrade #WriteToEarnUpgrade #BinanceBlockchainWeek #CryptoMarketAnalysis $BNB