NIL/USDT analysis - 1-day timeframe (Binance)

Price: $0.528, gain on the day: +21.10%.

Trading strategy (short-term):

LONG (if it breaks through $0.541):

- Entry: $0.543

- TP1: $0.580

- TP2: $0.635

- SL: $0.515

SHORT (in case of a reversal from $0.535-0.540):

- Entry: $0.528

- TP1: $0.485

- TP2: $0.455

- SL: $0.545

Conclusion:

The price is at a critical level - either a breakout and the up-trend continues, or a pullback for a new accumulation.

The price is at a critical level - either a breakout and the up-trend continues, or a pullback for a new accumulation.

RSI and OBV say that the market is overheated.