$NIL /USDC – SHORT TRADE SIGNAL🔴
SHARP BREAKDOWN FROM $0.2857
WEAK BOUNCE AFTER HITTING $0.2706
BEARISH MOMENTUM STILL DOMINATES ON 1H
$NIL has faced a steep sell-off from the $0.2857 level, breaking below key support zones with strong red candles. Although a minor bounce to $0.2741 is underway, volume and strength are lacking, keeping the bearish structure intact.
🔴 Short Trade Setup:
• Entry Zone: $0.2735 – $0.2760
• Take Profit (TP): $0.2665
• Stop Loss (SL): $0.2810
Market Outlook:
Unless $NIL reclaims $0.2790 with strong bullish volume, the price is likely to revisit $0.2700 and potentially break down further toward $0.2665.
#NILUSDC #Layer2 #BearishSetup #CryptoSignals #BinanceFutures