$NIL Trade Signal: Potential Long Entry

Entry Zone:

$0.490 - $0.510 (price is near the recent low and may find support here).

Stop Loss:

Below $0.480, as a breakdown below this level could signal further downside.

Support Levels:

Primary Support: $0.487 (24h low).

Stronger Support: $0.400 (previous bottom).

Resistance Levels:

First Resistance: $0.560 (recent rejection area).

Second Resistance: $0.620 - $0.625 (previous consolidation zone).

Target Levels:

Target 1: $0.540 (short-term resistance).

Target 2: $0.580 (near MA-25 at $0.586).

Target 3: $0.625+ (if bullish momentum strengthens).

Trade Idea:

Look for a bullish confirmation (like a green candle or price holding above $0.500) before entering.

Stop loss at $0.480 limits downside risk.

Take profits at resistance levels while adjusting stop loss to secure gains.