$NIL experienced a long liquidation near $0.0566, suggesting sellers forced a downside sweep to clear weak hands. Price is now sitting at a critical inflection zone where demand needs to step in to prevent further downside. Holding above $0.0560 keeps the possibility of a rebound toward $0.0585 and $0.0610 alive, where prior supply sits. However, failure to defend this support could accelerate downside toward $0.054. Current structure remains fragile, with confirmation needed before any sustained recovery. $NIL #GateSpringFestivalHorseRacingEvent
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$NIL experienced a long liquidation near $0.0566, suggesting sellers forced a downside sweep to clear weak hands. Price is now sitting at a critical inflection zone where demand needs to step in to prevent further downside. Holding above $0.0560 keeps the possibility of a rebound toward $0.0585 and $0.0610 alive, where prior supply sits. However, failure to defend this support could accelerate downside toward $0.054. Current structure remains fragile, with confirmation needed before any sustained recovery. $NIL #GateSpringFestivalHorseRacingEvent