$NIL L/USDT – Big Move Ahead?
Current price is trading around $0.0606, up +8.41% in the last 24 hours. After a sharp breakout followed by a pullback, the chart is cooling off from the spike toward $0.0746 and now looks to be stabilizing above the previous consolidation zone.
On the lower timeframes, we saw an aggressive impulse candle, followed by profit-taking. This kind of structure often leads to either:
A higher low formation before continuation
Or a deeper retracement toward strong support
Right now, price is hovering near short-term support, and momentum will depend on whether bulls defend the $0.058–$0.060 zone.
Trade Setup
• Entry Zone: $0.0585 – $0.0610
• Target 1 : $0.0665
• Target 2 : $0.0710
• Target 3 : $0.0745
• Stop Loss: $0.0550
If buyers step back in with solid volume and reclaim $0.066–$0.067, we could see another leg toward the recent high.
However, losing $0.058 support may trigger a retest of the $0.053 zone.
Momentum is building — the next few candles will decide whether this was just a spike… or the start of a bigger move.
