$NIL /USDT – New Highs, Healthy Pullback, Momentum Rebuild in Progress
NIL
0.797
+99.25%
Current Price: $0.824
Entry Zone: $0.810 – $0.830
Target 1: $0.870
Final Target: $0.935
Stop Loss: Below $0.780
Market Structure Insight:
NIL has continued its explosive rally, printing a new high at $0.854 before pulling back slightly on the 15-minute chart. Price has respected previous resistance levels now acting as support, forming a higher low near $0.786. The structure is clean, showing controlled retracement and strength rebuilding, with stochastic RSI curling upward again.
Trade Setup:
A long entry between $0.810 and $0.830 allows for positioning in the consolidation phase. A stop-loss just below $0.780 helps minimize risk. If momentum re-engages, the price could retest the local high and extend toward $0.935 in the next leg.
Strategy Notes:
• Volume confirmation on a move above $0.850 increases probability
• Take partial profits at $0.870 and trail the rest toward $0.935
• Shift stop-loss to breakeven after first target is achieved
• Invalidation occurs on breakdown and close
