$ZIL /USDT has experienced a sharp bullish breakout, surging over 40% intraday, driven by a clear shift in market structure and strong volume confirmation. Price successfully broke above the long-standing resistance zone around 0.0052–0.0054, flipping it into support and moving decisively above key moving averages. This breakout is supported by a significant increase in trading volume, indicating genuine buying interest rather than a low-liquidity spike. The formation of higher highs and higher lows on lower timeframes signals a short-term trend reversal, while short sellers getting trapped above resistance further fueled momentum through forced covering.
Beyond technicals, the rally is also supported by broader altcoin rotation and sentiment improvement. As Bitcoin consolidates, traders are rotating capital into undervalued Layer-1 projects, and Zilliqa stands out due to its scalability narrative and history of sharp relief rallies after prolonged drawdowns. ZIL had been deeply oversold on higher timeframes, making it attractive for both swing traders and momentum players. FOMO entry after the initial breakout accelerated the move, pushing price toward the 0.0060 resistance zone. As long as ZIL holds above the 0.0052 support, bullish continuation remains possible, though volume will be the key factor to watch for sustainability.$
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