$BTC

*Nillion Price Analysis and News Update*

Nillion's price has been on the rise, with a strong bounce yesterday. The current price is $0.3949, with a market capitalization of $70.05 million. Let's dive into the technical analysis and recent news.

*Technical Analysis*

Based on the historical data, Nillion's price has been trending upwards. The 50-day moving average is around $0.38, while the 200-day moving average is around $0.30. The Relative Strength Index (RSI) is around 50.

*Trading Points*

- *Buy Signal*: If Nillion's price breaks above $0.42 (resistance level) with high volume (> $40 million), it could be a buy signal.

- *Sell Signal*: If Nillion's price falls below $0.35 (support level) with high volume (> $40 million), it could be a sell signal.

*Bullish Long Targets*

If Nillion's price continues to rise, potential targets could be:

- *Target 1*: $0.45 (previous resistance level)

- *Target 2*: $0.50 (psychological level)

- *Target 3*: $0.55 (new resistance level)

*Recent Price Action*

Yesterday's strong bounce suggests that Nillion's price may continue to rise. If the price holds above $0.38, it could be a sign of further upside potential.

*Conclusion*

Nillion's price analysis suggests a potential bullish trend, with key resistance levels at $0.42 and support levels at $0.35. With yesterday's strong bounce, it's possible that the price will continue to rise. Keep an eye on the market and adjust your trading strategy accordingly.