🔥 $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
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