$NIL
🔄 NIL/USDT – 1H Chart Signal
Exchange: Binance
Setup: Sharp sell-off with initial bounce – potential for relief rally
📉 Price: 0.4024
📊 Trend: Short-term bearish, but oversold conditions
🔍 Volume: Spike on drop, now stabilizing – possible exhaustion
📥 Entry Zone (Long):
0.400 – 0.403
Consider entering on confirmation candle above 0.405 with volume
🎯 Targets:
TP1: 0.418
TP2: 0.436
TP3: 0.460 (gap close zone)
🛑 Stop-Loss:
0.392 (below the recent flash-crash wick)
⚖️ Risk:Reward: 2.5:1 to TP2
🔄 Bearish Flip:
Break and close below 0.392 with volume increases the risk of another leg down
📌 Note: Ideal for a short-term bounce/reversal play. Momentum confirmation is key – don’t chase until structure confirms.