ZIG has faced short-term profit realizations after its last wave of rise.
The resistance zone of $0.1110 – $0.1136 was tested but could not be surpassed. Currently, the price continues to stay above the 7-day moving average ($0.1007) – this is a technically positive signal.
🔹Support Levels:
•$0.0946: Strong support in the short term
•$0.0861: 100 MA level – a critical threshold for the medium-term outlook
•$0.0756: Main support – the risk of trend breakdown starts at this level
🔹Resistance Levels:
•$0.1110 – $0.1136: The peak points of the last rise
•A volume break in this region could trigger a new upward trend
🔹Momentum Indicator:
•The increase in volume is noteworthy. Buying interest continues, but profit-taking in the resistance area is creating pressure.
•In the short term, maintaining above $0.1000 is important for the continuation of the upward trend.
🔲 My General Comment:
▪️As long as the price holds above $0.1000, the technical structure remains favorable for buyers.
▪️If $0.1110 is surpassed, the target could be the $0.125 – $0.135 range.
▪️However, if closures occur below $0.0946, the risk of a pullback to $0.086 may increase.
New integrations and an expanding partnership network technically support the price.
Eyes should be on both on-chain developments and overall market conditions.
This is not investment advice.
@ZIGChain $ZIG