🔥 $NIL – Short Setup

NIL faced strong rejection after tapping 0.0668 and is now trading below mid-range resistance. Momentum is cooling, and sellers are defending the 0.057 zone aggressively.

If price fails to reclaim higher levels, continuation to downside liquidity is likely.

🔴 Trade Plan (Short)

EP: 0.0565 – 0.0575

TO: 0.0525

TO2: 0.0510

SL: 0.0595

📉 Why This Trade?

Clear rejection from local resistance

Lower highs forming on 4H

Weak bounce after strong sell pressure

Liquidity resting below 0.051

⚠ Invalidation

Clean breakout and 4H close above 0.0595 flips bias back bullish.

Trade smart. Manage risk. Let the level confirm.

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NIL
NIL
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