$NIL /USDT BULLISH CONTINUATION INCOMING – MOMENTUM BUILDING ABOVE KEY SUPPORT
$NIL is holding firm above the $0.0565–$0.0570 demand zone, printing higher intraday lows while maintaining position above the Supertrend (10,3) at $0.0592 on lower timeframes. Buyers are defending structure aggressively, and with volume stabilizing, a breakout toward the recent high looks imminent. As long as price holds above support, continuation toward liquidity above $0.0611 is highly probable.
🔎 Trade Setup
Entry Zone:
$0.0568 – $0.0585
Take Profit Targets:
TP1: $0.0611
TP2: $0.0660
TP3: $0.0746 (24h High liquidity sweep)
Stop Loss:
$0.0530 (Below 24h Low $0.0532)
📊 Short Market Outlook
Momentum is gradually shifting bullish after defending the 24h low at $0.0532. The structure shows accumulation above support with tightening price action — a typical pre-breakout pattern. Volume remains healthy (85.92M), confirming market participation.
A clean break above $0.0611 resistance will likely trigger acceleration toward the $0.066–$0.0746 range. Failure to hold $0.0565 would invalidate the bullish setup and expose price to downside liquidity.
Bias: Bullish continuation above $0.0565
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