$NIL Trade Outlook
After heavy selling,
$NIL bounced sharply from the 0.2970 support zone, showing strong signs of buyers stepping back in. The 30m chart is flashing green candles, reflecting renewed momentum.
Holding above 0.3100 will be the key signal of strength. A push beyond 0.3200 could trigger acceleration toward higher levels, with volume confirmation acting as the deciding factor for continuation.
Entry Zone: 0.3080 – 0.3120
Targets: 0.3200, 0.3280, 0.3350
Stop Loss: Below 0.2970
This setup remains attractive as long as the support base holds firm, with momentum favoring a breakout to the upside.
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