The $NIL /USDT short trade signal suggests a potential downward movement in the price of NIL. The current price is 0.3436, and the cryptocurrency has rejected sharply from the 0.3524 zone, forming a bearish structure with strong wicks to the upside.

*Short Trade Setup:*

- *Entry Zone:* 0.3450 - 0.3500

- *TP1:* 0.3340

- *TP2:* 0.3250

- *TP3:* 0.3150

- *Stop Loss:* 0.3555

The trade setup is based on the weakening momentum and the bearish structure forming on the chart. A retest of the 0.3480-0.3500 zone with weak volume and rejection wicks would be a strong confirmation to enter the short trade confidently.

*Key Indicators:*

- *Bearish Structure:* NIL has formed a bearish structure with strong wicks to the upside, indicating a potential reversal.

- *Weakening Momentum:* The momentum is weakening, setting up a potential short entry.

- *Retest Zone:* A retest of the 0.3480-0.3500 zone with weak volume and rejection wicks would be a strong confirmation to enter the short trade.

As with any trade, it's essential to monitor the market closely and adjust your strategy accordingly. Cryptocurrency markets can be highly volatile, and prices can fluctuate rapidly.#BTCvsETH #NILUSDC NILLaunchpool BinanceNIL PrivacyCrypto #CryptoMarket4T #StrategyBTCPurchase #CryptoMarket4T $NIL