$ZIL $ZIL 1h Update: - I expect ZILUSDT to attempt a bounce from the 0.00329–0.00324 support zone. If buyers step in and form a reversal, the price is likely to target 0.00340 first, then 0.00350, and possibly test the liquidity near 0.00359.
- If price cannot hold above 0.00324 and closes below with momentum, further downside towards 0.00315 and even 0.00305 may occur.
- Watch for confirmation: look for pin bars, bullish engulfing, or double bottom on the lower timeframes before entering a long. For shorts, seek a bearish engulf, double top, or strong wick rejection above 0.00359.
- If price breaks and closes above 0.00366, I would shift bias to bullish for a move towards 0.00382 and higher.
- If price fails to bounce at 0.00324 and closes below, I would expect further decline, so wait for reversal confirmation before considering a long.
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