$NIL
is recovering from oversold conditions with a bullish engulfing candle on the daily chart. The 0.55 level now acts as immediate resistance, and a break above could target 0.60 (200EMA). The 4H chart shows hidden bullish divergence, with the RSI making higher lows. Short-term buying opportunities could exist near 0.525 with stops below 0.51. Be cautious of potential bull traps below 0.54 before continuation.