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$BILL : Re-Evaluating Major Support Floor in an Extended Downtrend
The price of Billions Network ($BILL) is currently trading at $0.15825, marking a substantial daily decline of -28.77%. Looking at the 1-hour chart, the asset has expanded its downward correction significantly from its previous structural peaks, printing an aggressive series of lower highs and lower lows. It is now hovering immediately above its newly established 24-hour low.
Long $BILL
Entry Zone: $0.15500 – $0.16000
Stop Loss (SL): $0.14700
Target 1 (TP1): $0.17200
Target 2 (TP2): $0.19600
Target 3 (TP3): $0.22000
Market Analysis
$BILL continues to experience heavy distribution after facing a harsh rejection from its daily peak of $0.23700. The hourly structure remains firmly under bearish control; however, a massive volume flush on the last few candles suggests that an initial capitulation phase might be wrapping up as the price interacts with the $0.15608 support bottom.
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