Here’s a technical trade setup and breakdown for
$NIL /USDT based on your snapshot:
📊 NIL/USDT Overview (2025-05-13)
Current Price: $0.495
24h Change: -13.46%
24h High: $0.596
24h Low: $0.470
Volume: 67.78M NIL / 36.35M USDT
Recent Price Action:
Open: $0.513
High: $0.518
Low: $0.470
Close: $0.495
MA(7): $0.475
MA(25): $0.412
🔍 Trend & Market Context
NIL dropped ~17% from the daily high but is bouncing off the $0.47 low.
Currently trading above the 7-day MA, showing early signs of a technical rebound.
Intraday amplitude of 9.34% indicates strong volatility — ideal for short-term plays.
✅ Bullish Setup (Bounce/Scalp Idea)
Scenario: $0.470 forms a local bottom and NIL reclaims $0.50 area with volume
Entry: $0.492–$0.495 (on reclaim and confirmation above $0.50)
Stop Loss: Below $0.470
TP1: $0.520
TP2: $0.545
TP3: $0.580–$0.590 (retest of 24h high zone)
R/R: ~1:2.5+
Confluence:
Reversal from 24h low
Short-term MAs (7 & 25) turning upward
Volume support forming above $0.490
❌ Bearish Breakdown Setup
Scenario: Price fails to hold $0.470 and breaks down on volume
Entry: $0.468 or below
Stop Loss: Above $0.495
TP1: $0.440
TP2: $0.410 (MA25 zone)
TP3: $0.380
⚠️ Key Technical Zones
LevelType$0.470Key support / demand zone$0.495Pivot / intraday resistance$0.520–0.545First supply zone$0.59624h high (major resistance)
Summary
NIL is at a key inflection point — potential for bounce if BTC stabilizes.
Ideal for short-term swing or high-RR scalps.
Watch for breakout volume above $0.500 to confirm upside.
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