$NIL hit the 3rd entry and is moving towards TP1. Make sure to put a stop-loss at your entry price once TP1 is reached. Hope you did DCA at the entries I mentioned and got a good entry like mine!



#TradfiTradingChallenge
NIL27.11%
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CryptoSat
💰 $NIL REJECTION SETUP
🔽 SHORT
✳️ ENTRY: 0.0753 – 0.0770 – 0.07900
🎯 TARGETS: 0.07459 – 0.07340 – 0.07099 – 0.06700 – 0.0591 – 0.05148 – 0.0460
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.0803
#NILLION delivered a strong impulsive rally toward the 0.084 region but momentum is now cooling rapidly after failing to sustain higher highs. Price is beginning to weaken below MA25 while short-term candles show exhaustion near the local top structure.
MACD histogram has flipped bearish after a strong expansion phase, indicating bullish momentum is fading significantly. RSI also continues drifting lower from overheated territory, which usually signals profit-taking pressure and weakening buyer strength after aggressive vertical rallies.
The 0.075–0.080 zone is currently acting as the key rejection area. If sellers maintain pressure below this range, price can gradually rotate back toward previous support zones around 0.064–0.055. A clean breakdown below local support may accelerate downside volatility toward deeper retracement levels near 0.046.
This setup favors controlled short-side positioning while maintaining disciplined risk management. If price unexpectedly reclaims the stoploss region with strong momentum, bearish continuation becomes invalidated quickly. Until then, structure still favors downside cooldown continuation after the recent parabolic move 📉
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