
$NIL experienced a long liquidation near $0.04423, showing that overleveraged buyers were flushed out. These events often create opportunities for a technical rebound once selling pressure fades and support holds.
Support: $0.04320
Resistance: $0.04560
Next Target: $0.04720 → $0.04900
If buyers reclaim the resistance zone with strong volume, momentum could shift back in favor of bulls. Losing support would increase downside risk, making patience and confirmation essential.
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