🔥 Quick Technical Analysis for NIL/USDC 🔥
📉 Current Price: 0.638 (-14.13%)
📍 Strong Support: 0.614 - 0.620
📍 Resistance: 0.662 - 0.690
✅ Positive Indicators:
• Price bounced from 0.614, which is a strong support.
• MACD is giving signs of recovery.
• RSI at 48 indicates potential upward movement soon.
• SAR has started to show below the price, which is a bullish indicator.
🚀 Expected Scenario:
• If it breaks 0.662, the next target is 0.690 - 0.720.
• If it breaks down below 0.614, we might see 0.580 - 0.560.
🎯 Recommendation:
🔹 Ideal entry at 0.615 - 0.625
🔹 Stop loss at 0.600
🔹 Sell at 0.662 - 0.690 to realize profits.
⚠️ These are just predictions and not investment advice; the final decision is yours! Monitor the market carefully.
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