Can $ZIL hold $0.0018, or is this 6.57% pop just shorts getting squeezed? 🔥
The 4h move is already +7.2%, with volume running 5.6x its 20d average. That’s not nothing.
But price is still below the 20d and 50d MAs, while funding sits at -0.506%. Shorts are paying hard. RSI is only 53.
$XRP had cleaner confirmation at this stage. ZIL still has something to prove.
At $0.0018, I’m waiting for acceptance before changing my view. 👀
What am I missing on $ZIL?
#ZIL #Trading #Web3
The 4h move is already +7.2%, with volume running 5.6x its 20d average. That’s not nothing.
But price is still below the 20d and 50d MAs, while funding sits at -0.506%. Shorts are paying hard. RSI is only 53.
$XRP had cleaner confirmation at this stage. ZIL still has something to prove.
At $0.0018, I’m waiting for acceptance before changing my view. 👀
What am I missing on $ZIL?
#ZIL #Trading #Web3