$NIL being up 11.806% does not mean the short-term trend is still on track
Spot price: 0.08533. The latest completed 15-minute candle closed at 0.08512, below the 20-candle average of 0.086295. The latest volume is also only 0.50 times the average volume of the previous 16 candles.
The previous 4-hour upper boundary at 0.08794 has not been reclaimed. I’d rather miss out on some upside than insist the trend is strong while prices are pulling back. For now, I’m pausing my call to chase the rally.
Data: 2026-10-20 10:02 UTC+8
Spot price: 0.08533. The latest completed 15-minute candle closed at 0.08512, below the 20-candle average of 0.086295. The latest volume is also only 0.50 times the average volume of the previous 16 candles.
The previous 4-hour upper boundary at 0.08794 has not been reclaimed. I’d rather miss out on some upside than insist the trend is strong while prices are pulling back. For now, I’m pausing my call to chase the rally.
Data: 2026-10-20 10:02 UTC+8