This move is the classic pattern of luring buyers at the high end, then killing the move downward. $NIL started pulling very aggressively, and the more chaotic the surface looks, the more you can’t just watch the noise.

Earlier, we already noticed this area. Around 0.07011 it looks like there’s still some momentum, but the order book support above is clearly getting thinner; several pushes to new highs failed to break through the structure. Many people see the rally and rush to chase it. I’m watching the speed of the pullback—this is the key point here. The pullback is more decisive than the rise, which indicates the bulls have started to loosen.

Now the price is back at 0.03423, and the short position is up +2464.56%. The room for volatility is open in a very comfortable way. The biggest risk with trades like this is that after you’re in profit, emotion drags you away from discipline—so I won’t put all of the profit on one more deep dip.

The current handling is simple: most positions take profit first, and the remaining exposure places protective orders at the key levels to see whether it can continue releasing momentum. A rebound is fine, but the rebound can’t regain and stand back above the key overhead suppression. If you weren’t involved, don’t chase the lows. There are always market opportunities—wait for a more comfortable setup.

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