The $NIL Bullish Breakout Setup 🚀

$NIL is approaching a key resistance zone at $0.03425–$0.0345, having formed a steady bullish structure with higher lows, which signals building momentum.

Trade Setup:

Long Entry: Above $0.03454 (after a confirmed break and hold)

Take Profit: $0.0364 → $0.0386

Stop Loss: $0.03305

Notes:

Wait for a clear break above resistance to avoid a false breakout

Keep an eye on volume strong follow-through adds confidence

Manage risk carefully; the trend is bullish but reversals can happen quickly

This setup favors momentum traders looking for continuation, not just a quick scalping move.