$NIL /USDT BEARS IN CONTROL – MORE DOWNSIDE AHEAD! 🚨
NIL/USDT has broken below the critical $0.500 level, confirming strong bearish momentum. The price is struggling to hold support near $0.480, and selling pressure remains high. With a lower high formation and weak buying interest, further downside is expected unless bulls reclaim key levels.
🔻 Trade Setup:
Short Entry: Below $0.480
Take Profit (TP): $0.460 / $0.440
Stop Loss (SL): $0.505
📉 Market Outlook:
The trend remains bearish, with increased selling volume. If $0.480 fails to hold, NIL/USDT could test lower support levels. A breakout above $0.505 would indicate potential reversal, but until then, bears remain in control.
#CryptoTrading #Binance #NILUSDT #BearishTrend #TradingSignal