$NIL /USDT – Bearish Retracement in Progress!

Momentum Analysis: NIL/USDT has seen a strong downtrend with a 22.49% drop, moving from a 24-hour high of 0.468 to a low of 0.347. The asset is in a retracement phase, and the current support at 0.347 might indicate a potential reversal if the market conditions stabilize.

Long Setup:

Entry Zone: 0.355

Targets:

T1: 0.381

T2: 0.400

T3: 0.419

Stop Loss: 0.342

Breakout Confirmation Level: 0.439

Key Support: 0.347 (if broken, expect further downside)

Pro Tip for Traders: Watch for any rebound from the support level of 0.347. If the price fails to break below, there could be an opportunity for a bounce back toward the resistance zones.

Relevant Hashtags: #NIL #USDT #CryptoTrading #BearishRetracement #CryptoSignals