$ZIL
ZIL is trading around the $0.004 – $0.0045 zone recently, down against major resistance levels and under broader market pressure.
Recent data shows bearish momentum, including a breakdown below short-term support and declining trading volume, which often suggests weak buying conviction.
The overall crypto market in “fear” mode can amplify downward moves in smaller altcoins like ZIL.Candlestick patterns appear mixed: some short-term bullish patterns (e.g., bullish engulfing on a few timeframes) alongside bearish continuation signs.
On weekly charts and longer timeframes, prices remain below major moving averages, typically signaling bearish or range-bound conditions.
Oscillators like RSI are not in extreme zones but suggest weaker momentum overall.
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