$NIL – Momentum Cooling After Strong Surge? 📉🧐
After a solid +11.88% gain in the last 24 hours, $NIL has started showing signs of short-term exhaustion near the $0.53 region. The 15-min chart reveals a series of lower highs forming after a rejection from $0.5374. Support is now hovering near $0.510, and bulls must defend this level to avoid deeper correction toward $0.490. Volume remains decent but momentum is fading.
Trade Setup:
Entry Zone: $0.510 – $0.515
TP1: $0.525
TP2: $0.537
TP3: $0.545
SL: $0.495
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