$NIL PRICE PROJECTION – CAN IT RISE FROM $4 TO $16?

Currently, NIO is trading near $4. To reach $16, it would need a 4x increase, which is highly ambitious without strong market catalysts.

Key Technical Considerations:

Support Zones: $3.80–$4.00, $3.50

Resistance Zones: $5.00, $6.50, $8.00 (short-term realistic targets)

Long-Term Target: $16 would require sustained bullish momentum, strong fundamentals, and potentially market-wide bullish conditions.

Trade Setup (High Risk/Speculative):

Entry: $4.00 – $4.20 (support zone)

Targets (TP): $5.00 / $6.50 / $8.00 (realistic intermediate)

Stop Loss (SL): $3.50

Market Outlook:

NIO is high-risk, high-reward. Short-term gains are possible if support holds, but reaching $16 would likely require major positive news or long-term growth catalysts.

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