📈 Trading Analysis for LONG $NIL/USDT – Strong Breakout Signal, Clear Uptrend


In the recent trading session, the $NIL/USDT pair is showing strong breakout signs from the accumulation zone, indicating the potential for a fairly promising short-term uptrend. Below is a detailed analysis and specific trading plan for investors:
🔹 Entry Zone (: 0.3150 – 0.3200
After the price accumulated in a narrow range for many sessions, ) just had a decisive breakout through the resistance zone of 0.3150, accompanied by a significant increase in trading volume. This is a confirming signal indicating that buying power is prevailing.
👉 Investors may consider entering a LONG position around the 0.3150–0.3200 range, prioritizing to split the position for easier risk management.
🎯 Take Profit Targets $NIL :
• TP1: 0.3330 — the nearest resistance zone where the price may temporarily encounter selling pressure for short-term profit-taking.
• TP2: 0.3440 — if the upward momentum is maintained, this is the medium-term target corresponding to the expanded range of the current upward wave.
• TP3: 0.3480 — strong resistance zone, where short-term corrections may occur; should consider closing the majority of positions here.
⚠️ Stop Loss (: Below 0.3050
To ensure safety, a Stop Loss should be placed below the 0.3050 level — this is an important support mark, if the price breaks through it could signal that the rise is invalidated and the short-term trend shifts to a correction.
NIL-5.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)