The $NIL /USDT trading pair is currently priced at 0.2923 USDT (≈ Rs82.8), showing a very slight +0.03% uptick in the past 24 hours. Price action has been relatively volatile, with NIL climbing to a daily high of 0.3099 USDT before retracing toward a low of 0.2788 USDT. Trading volume over the last 24 hours reached 8.18M NIL (≈ 2.41M USDT), reflecting healthy liquidity that keeps the market active and allows smooth trade executions.
On the technical side, NIL is sitting almost exactly on top of its short- and mid-term moving averages — MA(7) at 0.2920 and MA(25) at 0.2909 — while hovering just below the longer-term MA(99) at 0.2942. This tight clustering of moving averages suggests a consolidation phase, where the market is waiting for a decisive move. A breakout above 0.2942 could ignite bullish momentum toward retesting 0.3099, while failure to hold the 0.2909 support zone may push the price lower. With the chart currently on the 1-hour timeframe, short-term traders can closely monitor NIL’s sideways action for a potential breakout opportunity.