{"content":"🎯 $NIL /USDT — Midterm Recovery or Just a Bounce? Current Price: $0.3656 Change: −0.33% Trend Context: Trying to snap out of a slow, grinding downtrend 🔍 Price Action Overview After weeks of lower highs and fading volume, NIL just printed a sharp bullish engulfing candle, reclaiming both the MA7 and MA25 in one move. But here’s the kicker: Price rejected right at the 25 MA resistance on the candle close — classic market hesitation. 🧠 What the Chart Tells Us MA7 ($0.3446) and MA25 ($0.3373) are now support — price needs to hold above these to confirm a trend shift MA99 ($0.3941) is acting like the boss level — if bulls want higher, that’s the gatekeeper Volume isn’t explosive yet — might be a test pump unless sustained 🎯 Targets (If Breakout Strengthens): Target 1: $0.3880 → Local supply and EMA cluster Target 2: $0.4180 → Last major breakdown zone Target 3: $0.4600 → Pre-drop resistance ⚠️ Downside Risk: If NIL loses the $0.3400 zone, especially with a daily close below, this could have been a liquidity grab instead of a reversal. Support Zones: $0.3440 → $0.3220 → $0.2960 ✍️ Final Thoughts NIL is in recovery mode, but still below the 99MA and prior structure. It’s like trying to jog uphill with a backpack full of bad momentum. If bulls don’t push soon, it may just roll back down. “Every bounce is a test of conviction — either it flips the script, or it just replays the last act.” ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/16/d25aaecb0f4c48408ffb9007a6d928f5.png"],"tags":[],"tradingPairs":["NIL/USDT"],"quotearticleid":0}