🌀 $ZIL /USDT – Signs of Stabilization After the Drop 💡📉

Zilliqa ($ZIL) is showing subtle bullish signs after a harsh correction down to $0.01063. Now trading at $0.01107 (+0.91%), the price is attempting to reclaim short-term momentum – but is it enough for a reversal?

📊 Technical Analysis Summary:

🟡 Price is hovering around the MA(7) $0.01102, hinting at a possible base formation.

🟣 Key resistance levels: MA(25) at $0.01137, MA(99) at $0.01151.

🔄 Range-bound action with low volatility suggests accumulation — watch for volume breakout.

🎯 Trading Plan:

🔸Short-Term Scalp Setup:

📍 Entry: $0.01100–$0.01110

🎯 TP1: $0.01130

🎯 TP2: $0.01150

🛑 SL: $0.01080

🔸Breakout Trade Setup:

📍 Entry: Break above $0.01155 with strong volume

🎯 TP1: $0.01190

🎯 TP2: $0.01220

🛑 SL: $0.01120

⚠️ Caution: Momentum is still weak below the 25 & 99 MA — wait for confirmation before heavy entry. Ideal for range scalping or watching for breakout setups.

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