NILUSDT Hourly Technical Analysis

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NILUSDT Hourly Technical Analysis

Nillion Coin is experiencing selling pressure below the 21-day moving average in the 1-hour technical analysis. Currently, it is trying to recover after forming support at 0.5441. The decline in Bitcoin has also affected Nillion Coin. Indicators are partially positive and moving in a neutral position. For NILUSDT to recover, it needs to break above the 21-day moving average and surpass resistance levels.

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Note
In the hourly technical analysis, Nillion Coin, which failed to stay above the 0.6609 resistance level and experienced a sell-off, has now dropped back to the 0.5441 support level. This level is crucial. If it moves sideways, it may gather support for a potential recovery.

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