๐จ
$NIL USDT โ Volatility Play After Spike
After a massive vertical move to 0.0746,
$NIL saw heavy profit-taking and a sharp retrace.
Price is now stabilizing around the 0.060 zone, forming a new base after the panic.
๐ What the chart shows:
โข Liquidity spike โ distribution โ consolidation
โข Strong rejection from 0.0746
โข Base forming above 0.058 โ 0.060
โข Buyers stepping back in after exhaustion
โข Volatility compression after expansion
๐ Key Levels
Support: 0.0580 โ 0.0600
Resistance: 0.0645 โ 0.0675
Major Supply: 0.0746
๐ฏ Scenarios
If price holds above 0.058:
โ Re-test 0.0645
โ Break opens 0.0675 โ 0.0720
If 0.058 fails:
โ Deeper pullback toward 0.053 demand
This is no longer FOMO zone โ now itโs a **reaction zone**.
Let the level decide. Patience > emotion.
#NIL #Altcoins