🪙 Analysis and Follow-up of the $ZIL (Zilliqa) Coin – Buying Opportunity Take Advantage of the Drop and Enter from the Bottom ⚡️
🔹 Current Purchase Price: 0.0049
🎯 Targets:
🎯 First Target: 0.0054
🎯 Second Target: 0.0060
🎯 Third Target: 0.0066
🛑 Stop Loss: 0.0045
📌 Let’s Talk a Bit About the Coin:
Zilliqa is a well-known blockchain project using Sharding technology focusing on transaction speed and scalability. With the recent drop, the price has reached historically significant accumulation zones, providing an excellent entry opportunity for those who like to buy from the bottoms.
📊 Key Technical Indicators:
• RSI indicator is close to oversold levels, which often precedes a rebound.
• MACD indicator shows weakness in the downward momentum and a potential positive crossover.
• Trading volume is relatively low, indicating a consolidation phase.
• Short-term trend direction is sideways with attempts to establish above strong support.
💡 Advice:
Entry should be gradual and not rushed, taking advantage of any slight drops to improve the average purchase price.
⚠️ Alert:
Breaking the 0.0045 level with a clear close cancels the positive scenario, and adherence to the stop loss is essential
#ZILUSDT