📊 $NIL /USDT Perpetual Trading Analysis

📌 Current Price: $0.516 (-3.37%)

📊 24h High/Low: $0.553 / $0.477

📉 24h Volume: 37.32M NIL / 19.05M USDT

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📊 Market Insights

NIL is experiencing a slight downtrend (-3.37%).

Currently trading near the 7-day MA ($0.507), indicating short-term support.

The 25-day MA ($0.501) suggests a consolidation phase.

The 99-day MA ($0.511) suggests NIL is near a key decision level.

Resistance Levels:

$0.520 – Immediate resistance

$0.526 – Key resistance (7-day MA)

$0.553 – 24h high, strong resistance

Support Levels:

$0.505 – Short-term support

$0.495 – Strong support

$0.477 – Key breakdown level (24h low)

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📈 Potential Trading Strategies

🟢 Long Trade (If NIL Breaks Above $0.520 and Holds Above $0.526)

Entry: $0.526 - $0.530

Target: $0.540 - $0.550

Stop-Loss: $0.510

🔻 Short Trade (If Price Drops Below $0.505 and Fails to Hold Above $0.500)

Entry: $0.495 - $0.500

Target: $0.480 - $0.470

Stop-Loss: $0.515

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📊 Additional Insights

Would you like an in-depth RSI/MACD analysis or volume trends to refine your strategy? Let me know!

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