$NIL on the Radar Calm Before the Climb❗$NIL just saw a steep correction from $0.977 to $0.63, down nearly 19%. But zooming out, this zone is beginning to show potential as a consolidation base. Traders looking for early entries before a possible recovery should keep this one under close watch.

Current Snapshot:

Price: $0.630

24H High/Low: $0.780 / $0.599

Volume (24H): 112.56M NIL

StochRSI: 49.67 (neutral)

MASTOCHRSI: 53.44 (slightly bullish bias)

Long Trade Setup (Swing to Position)

Buy Zone:

$0.61 – $0.64 (watch for dip entries or sideways accumulation)

Confirmation Signals:

Hold above $0.60 support with sideways or rising volume

Bullish engulfing candles or break above $0.66 resistance

StochRSI crossover above 50 with rising histogram (MACD) if available

Targets:

Target 1: $0.75

Target 2: $0.88

Stretch Target (Bullish breakout): $0.97+

Stop-Loss:

Below $0.59 (just under key support to avoid fakeouts)

Technical Insights:

The asset appears to be stabilizing after high volatility

Volume remains healthy, suggesting interest hasn’t faded

A clean break above $0.66 would confirm short-term momentum shift

A hold above $0.75 may attract breakout traders and larger volume

Conclusion:

NIL is sitting at a critical pivot zone. While the recent drop was sharp, current price action hints at accumulation. If the broader market stays supportive, NIL may be gearing up for another leg up.