The NIL/USDT pair is exhibiting a resilient foundation with strong potential for an upward move. Currently trading at $0.412, despite a 3.29% dip, the asset has found support near the 24-hour low of $0.408. The chart highlights a recent high of $0.443, with a significant trading volume of 16.79 million NIL, reflecting active market engagement. The price remains above the 99-day moving average of $0.404, while the 5-day and 10-day moving averages at $647.214 million and $604.778 million respectively indicate sustained momentum. This setup suggests a promising opportunity for a rebound. What are your thoughts on this encouraging outlook?