$ZIL just went through a quiet but brutal shakeout. Price slid from the 0.0070 swing high into the 0.0052 zone, where sellers finally started losing momentum. Long red candles are shrinking, wicks are forming, and buyers are defending the lows aggressively. This is classic exhaustion after a clean intraday downtrend.

Structure is still bearish, but momentum is slowing right at support. If buyers step in, we could see a sharp relief bounce.

Trade setup Entry zone: 0.00515 – 0.00530

Stop loss: 0.00495 below support

Targets: 0.00575 then 0.00620 then 0.00670

Support sits at 0.0052, resistance stacks near 0.0058 and 0.0063. A higher low here flips the script fast. Volatility is waking up.

Come and trade on $ZIL

ZIL
ZILUSDT
0.005
-13.64%

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